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Can someone help me with 5b and 5c? Part 5: Planning Ahead Say you're planning to buy one of the houses in this data set,
Can someone help me with 5b and 5c?
Part 5: Planning Ahead Say you're planning to buy one of the houses in this data set, and have your eyes on a house built in either 2008 or 2009. You don't want a second floor, and you want 2 full bathrooms, 1 half bathroom and the biggest garage possible. Treat the sale prices as advertised list prices for this section Sa) What is the price of the house that fits the above criteria? The price of the house that fits the criteria is $253,293. Sb) Assume an interest rate of 3.5%. Let's say you have enough income to budget for a payment of $913.00/month. Assume you save up enough for a down payment of $50,000.00 How many payments would you have to make to pay off the house? se) How much would you monthly payment need to be to pay off the house in 15 years? 1 Step by Step Solution
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