bullsfan7543 bullsfan7543
  • 27-05-2024
  • Mathematics
Answered

A couple purchased a $230,000 house by making a down payment of $20,000 and financing the remaining $210,000 with a 30 year mortgage at 5.914% compounded monthly. the couples mortgage payment is $1247.47 per month.

How much equity will the couple have in the house after 18 years of payments? Round your final answer to 2 decimal places.



Answer :

Other Questions

Two bikers, Jose and Luis start at the same point at the same time and travel in opposite directions. Jose's average speed is 5 miles per hour more than that of
a trip from New York city to Seattle is 2,852.1 miles.  a family wants to make the drive in 10 days, driving the same number of miles each day.  About how many
X3=512 solve each equation for x
A talent or quality that you were born with is
During the early part of the 1800’s, American Presidents had tried to buy Texas. true or false
What is the gcf of 30,45,75
Can some one please help me ?
A car drives past a pole at 40km/hr. Describe the motion from the point of view of a) the car, and b) the pole. Thanks in advance!
Metal mercury at room temperature is a liquid.Its melting point is -39*C.The freezing point of alcohol is -114*C. How much warmer is the melting point of mercur
All the life processes together are its?