Answered step by step
Verified Expert Solution
Question
1 Approved Answer
* 16)Bethany Friedel's mortgage payment is $520 on a $43,500 mortgage at 10% interest. On her next payment, what amount will be applied to the
* 16)Bethany Friedel's mortgage payment is $520 on a $43,500 mortgage at 10% interest. On her next payment, what amount will be applied to the interest and what will be applied to reduce the principal? $362.50 to interest; $157.50 to principal $85 to interest; $435 to principal $435 to interest; $85 to principal $520 to interest; $0 to principal * 17)The current value of a parcel is $200,000 and the assessed value is 40% of the current value. An equalization factor of 1.50 is applied, and the tax rate is $4 per $100. What is the amount of the tax? $5,785 $5,562 $4,800 $4,750
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started