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11.) #11 please help and show work payment be? new, 21-year lot58. what will their they se How much would they save by doing this?
11.) #11 please help and show work
payment be? new, 21-year lot58. what will their they se "How much would they save by doing this? Suppose that instead of a 21-year loan, Luke and Stacy decided to take year loan at 6.5. In that case, what would the payment and how much would Karla has accumulated the following collection of loans Loan lype Current Balance Monthly Payment mining te Mortgage $116,753.50 587519 Carloan $11082.11 8319 3 payment Tensional loan 362802 STO1:49 yen Ristorycie loan 53.197.68 520221 pay Total $134,661.31 $1.51482 She is planning on refinancing her mortgage. Suppose she retinars het mortgage with new 24-year loan at a 6.3% interest rate. What would her new more payment be How much would she save by refinancing the mortgage Instead of just borrowing enough with her new mortgage to pay of her old one her mortgagebroker has told her that she could borrow enough to pay od all other lots with the sex mortgage. If she did this, what would her new mortgage payment del Your answer to () should be quite a bit lower than the total of her current monthly Payments. The interest rate on the new mortgage lower than the current rates on each of these Does this nececantly on the homens e muery by checking the com her new mortgage Grab Bag 12 Lan took out an 50000 business loan. His paymentare quartie interest and Mars. He has made all of his parents tyheduled thly sately payment is $3.629,35 payment be? new, 21-year lot58. what will their they se "How much would they save by doing this? Suppose that instead of a 21-year loan, Luke and Stacy decided to take year loan at 6.5. In that case, what would the payment and how much would Karla has accumulated the following collection of loans Loan lype Current Balance Monthly Payment mining te Mortgage $116,753.50 587519 Carloan $11082.11 8319 3 payment Tensional loan 362802 STO1:49 yen Ristorycie loan 53.197.68 520221 pay Total $134,661.31 $1.51482 She is planning on refinancing her mortgage. Suppose she retinars het mortgage with new 24-year loan at a 6.3% interest rate. What would her new more payment be How much would she save by refinancing the mortgage Instead of just borrowing enough with her new mortgage to pay of her old one her mortgagebroker has told her that she could borrow enough to pay od all other lots with the sex mortgage. If she did this, what would her new mortgage payment del Your answer to () should be quite a bit lower than the total of her current monthly Payments. The interest rate on the new mortgage lower than the current rates on each of these Does this nececantly on the homens e muery by checking the com her new mortgage Grab Bag 12 Lan took out an 50000 business loan. His paymentare quartie interest and Mars. He has made all of his parents tyheduled thly sately payment is $3.629,35
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