lacey35821 lacey35821

26-07-2024
Mathematics

Answered

An auto parts store sells for [tex]$225,000 and a 20% down payment is made. A 40-year mortgage at 8.5% is obtained, and closing costs are $4600. Round to thenearest cent, if necessary.
The down payment is $?
Find the amount of mortgage ?
Find the monthly payment?
Find the total interest paid

Answer :

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