Answers

a)$2922.72

b)$780697

c)$835474.89

Please show all work using formulas, detailed formulas please do not use excel

Yagoda has a mortgage for $884,05900. The term of the mortgage is 4 years, and the amortizabion periad is 20 years, Yagoda witl make bl-weekly payments and the mortgage rate is ineil =6000s. a) How truch are the bi-meikly payments? b) What is the cutstanding balance at the end of the lecm of the mongage? 1 c) How much does Yagoda st lil owe on the mortgage if she sels the house after 2 years?1