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Homework: 16.1 HW Question 3, 16.1.13 HW Score: 0%, 0 of 6 points E Save Part 1 of 3 O Points: 0 of 1 Stephen
Homework: 16.1 HW Question 3, 16.1.13 HW Score: 0%, 0 of 6 points E Save Part 1 of 3 O Points: 0 of 1 Stephen has just purchased a home for $137,000. A mortgage company has approved his loan application for a 30-year fixed-rate loan at 4.75%. Stephen has agreed to pay 20% of the Question list K purchase price as a down payment. Find the down payment, amount of mortgage, and monthly payment. Click the icon to view the table of the monthly payment of principal and interest per $1,000 of the amount financed. O Question 1 The down payment is about $ . (Round to the nearest cent as needed.) O Question 2 O Question 3 - X O Question 4 Data table Years Annual interest rate O Question 5 financed 3.00% 3.25% 3.50% 3.75% 4.00% 4.25% 4.50% 4.75% 5.00% 5.25% 5.50% 5.75% 6.00% 6.25% 6.50% 6.75% 10 9.66 9.77 9.89 10.01 10.12 10.24 10.36 10.48 10.61 10.73 10.85 10.98 11.10 11.23 11.35 11.48 12 8.2 8.40 8.51 8.63 8.76 8.88 9.00 9.12 9.25 9.37 9.50 9.63 9.76 9.8 10.02 10.15 15 6.91 7.03 7.15 7.27 7.40 7.52 7.65 7.78 7.91 8.04 8.17 8.30 8.44 8.57 8.71 8.85 O Question 6 17 6.26 6.39 6.51 6.64 6.76 6.89 7.02 7.15 7.29 7.42 7.56 7.69 7.83 7.97 8.11 8.25 20 5.55 5.67 5.80 5.93 6.06 6.19 6.33 6.46 6.60 6.74 6.88 7.02 7.16 7.31 7.46 7.60 22 5 .18 5.31 5.44 5.57 5.70 5.84 5.97 6.11 6.25 6.39 6.54 6.68 6.83 6.98 7.13 7.28 25 4.74 4.87 5.01 5.14 5.28 5.42 5.56 5.70 5.85 5.99 6.14 6.29 6.44 6.60 6.75 6.91 30 4.22 4.35 4.49 4.63 4.77 4.92 5.07 5.22 5.37 5.52 5.68 5.84 6.00 6.16 6.32 6.49 35 3.85 3.99 4.13 4.28 4.43 4.58 4.73 4.89 5.05 5.21 5.37 5.54 5.70 5.87 6.04 6.21 Print Done Help me solve this View an example Get more help - Clear all Check answer CE Homework: 16.1 HW Question 5, 16.1.15 HW Score: 0%, 0 of 6 points Points: 0 of 1 Save Stephen has just purchased a home for $141,800. A mortgage company has approved his loan application for a 30-year fixed-rate loan at 5.25%. Stephen has agreed to pay 30% of the Question list K purchase price as a down payment. If Stephen made the same loan for 20 years, how much interest would he save? Click the icon to view the table of the monthly payment of principal and interest per $1,000 of the amount financed. Question 1 Stephen would save $ . (Round to the nearest cent as needed.) Question 2 O Question 3 - X Data table O Question 4 Years Annual interest rate financed 3.00% 3 3.25% 3.50% 3.75% 4.00% 4.25% 4.50% 4.75% 5.00% 5.25% 5.50% 5.75% 6.00% 6.25% 6.50% 6.75% 10 9.66 9.77 9.8 10.01 10.12 10.24 10.36 10.48 10.61 10.73 10.85 10.98 11.10 11.23 11.35 11.48 12 8.28 8.40 8.51 8.63 3.76 3.88 9.00 9.12 9.25 9.37 9.50 9.63 9.76 9.89 10.02 10.15 O Question 5 15 6.91 7.03 7.15 7.27 7.40 7.52 7.65 7.78 7.91 8.04 8.17 8.30 8.44 8.57 8.71 8.05 17 6.26 6.39 6.51 6.64 5.76 6.89 7.02 7.15 7.29 7.42 7.56 7.69 7.83 7.97 8.11 8.25 20 5.55 5.67 5.80 5.93 6.06 6.19 6.33 6.46 6.60 6.74 6.88 7.02 7.16 7.31 7.46 7.60 22 5.18 5.31 5.44 5.57 5.70 5.84 5.97 6.11 6.25 6.39 6.54 6.68 6.83 6.98 7.13 7.28 O Question 6 25 4.74 4.87 5.01 5.14 5.28 5.42 5.56 5.70 5.85 5.99 6.14 6.29 6.44 6.60 6.75 6.91 30 4.22 4.35 4.49 4.63 4.77 4.92 5.07 5.22 5.37 5.52 5.68 5.84 6.00 6.16 6.32 6.49 35 3.85 3.99 4.13 4.28 4.43 4.58 4.73 4.89 5.05 5.21 5.37 5.54 5.70 5.87 6.04 6.21 Print Done Help me solve this View an example Get more help - Clear all Check answer CHW Score: 0%. 0 016 points 0 Points: 0 of 1 E Homework: 16.1 HW Question 4, 16.1.14 _ . Stephen has just purchased a home for $152,000, A mortgage company has approved his loan application for a 30-year xedrate loan at 5.25%. Stephen has agreed to pay 20% of the Questlon \"St '6 purchase price as a down payment. Find the total interest Stephen will pay if he pays the loan on schedule. a Click the icon to view the table of the monthly payment of principal and interest per $1,000 of the amount nanced. 0 Question 1 7 The total interest is $ . (Round to the nearest cent as needed.) 0 Question2 0 Question 3 Data table 0 Question4 Years Annual interest rate financed 3.00% 3.25% 3.50% 3.75% 4.00% 4.25% 4.50% 4.75% 5.00% 5.25% 5.50% 5.75% 6.00% 6.25% 6.50% 6.75% O Question5 10 9.66 9.77 9.89 10.01 10.12 10.24 10.36 10.48 10.61 10.73 10.85 10.98 11.10 11.23 11.35 11.48 12 8.28 8.40 8.51 8.63 8.76 8.88 9.00 9.12 9.25 9.37 9.50 9.63 9.76 9.89 10.02 10.15 15 6.91 7.03 7.15 7.27 7.40 7.52 7.65 7.78 7.91 8.04 8.17 8.30 8.44 8.57 8.71 8.85 17 6.26 6.39 6.51 6.64 6.76 6.89 7.02 7.15 7.29 7.42 7.56 7.69 7.83 7.97 8.11 8.25 0 Question 6 20 5.55 5.67 5.80 5.93 6.06 6.19 6.33 6.46 6.60 6.74 6.88 7.02 7.16 7.31 7.46 7.60 22 5.18 5.31 5.44 5.57 5.70 5.84 5.97 6.11 6.25 6.39 6.54 6.68 6.83 6.98 7.13 7.28 25 4.74 4.87 5.01 5.14 5.28 5.42 5.56 5.70 5.85 5.99 6.14 6.29 6.44 6.60 6.75 6.91 30 4.22 4.35 4.49 4.63 4.77 4.92 5.07 5.22 5.37 5.52 5.68 5.84 6.00 6.16 6.32 6.49 35 3.85 3.99 4.13 4.28 4.43 4.58 4.73 4.89 5.05 5.21 5.37 5.54 5.70 5.87 6.04 6.21 Help me solve this View an example Get more help A Question 6, 16.1.16 HW Score: 0%, 0 of 6 points Homework: 16.1 HW Save O Points: 0 of 1 Stephen has just purchased a home for $123,000. A mortgage company has approved his loan application for a 30-year fixed-rate loan at 5.00%. Stephen has agreed to pay 30% of the Question list K purchase price as a down payment. How much would Stephen's monthly payment increase for a 20-year mortgage over a 30-year mortgage? Click the icon to view the table of the monthly payment of principal and interest per $1,000 of the amount financed. O Question 1 The monthly payment would increase by $ . (Round to the nearest cent as needed.) O Question 2 X O Question 3 Data table O Question 4 Years Annual interest rate financed 3.00% 3.25% 3.50% 3.75% 4.00% 4.25% 4.50% 4.75% 5.00% 5.25% 5.50% 5.75% 6.00% 6.25% 6.50% 6.75% 10 9.66 9.77 9.89 10.01 10.12 10.24 10.36 10.48 10.61 10.73 10.85 10.98 11.10 11.23 11.35 11.48 12 8.2 8.40 8.51 8.63 8.76 8.88 9.00 9.12 9.25 9.37 9.50 9.63 9.76 9.89 10.02 10.15 O Question 5 15 6.91 7.03 7.15 7.27 7.40 7.52 7 65 7.78 791 8.04 8.17 8.30 8.44 8 57 8.71 8 85 17 6.26 6.39 6.51 6.64 6.76 6.89 7.02 7.15 7.29 7.42 7.56 7.69 7.83 7.97 8.11 8.25 20 5.5 5.67 5.80 5.93 6.06 6.19 6.33 6.46 6.60 6.74 6.88 7.02 7.16 7.31 7.46 7.60 22 5.18 5.31 5.44 5.57 5.70 5.84 5.97 6.11 6.25 6.39 6.54 6.68 6.83 6.98 7.13 7.28 O Question 6 25 4.74 4.87 5.01 5.14 5.28 5.42 5.56 5.70 5.85 5.99 6.14 6.29 6.44 6.60 6.75 6.91 30 4.22 4.35 4.49 4.63 4.77 4.92 5.07 5.22 5.37 5.52 5.68 5.84 6.00 6.16 6.32 6.49 35 3.85 3.99 4.13 4.28 4.43 4.58 4.73 4.89 5.05 5.21 5.37 5.54 5.70 5.87 6.04 6.21 Print Done Help me solve this View an example Get more help - Clear all Check answer CQuestion 2, 16.1.3 HW Score: 0%, 0 of 6 points KO Save E Homework: 16.1 HW Part 1 of 5 O Points: 0 of 1 Find the indicated amounts for the fixed-rate mortgages. Question list K Purchase Down Mortgage Interest Monthly Total Years payment Mortgage Interest price of payment amount rate per $1,000 Payment paid for paid home mortgage Question 1 $92,000 $7,000 5.50% 25 Click the icon to view the table of the monthly payment of principal and interest per $1,000 of the amount financed. O Question 2 The mortgage amount is $ . (Round to the nearest dollar as needed.) O Question 3 O Question 4 X Data table O Question 5 Years Annual interest rate financed 3.00% 3.25% 3.50% 3.75% 4.00% 4.25% 4.50% 4.75% 5.00% 5.25% 5.50% 5.75% 6.00% 6.25% 6.50% 6.75% 10 9.66 9.77 9.89 10.01 10.12 10.24 10.36 10.48 10.61 10.73 10.85 10.98 11.10 11.23 11.35 11.48 O Question 6 12 8.28 8.40 8.51 8.63 8.76 8.88 9.00 9.12 9.25 9.37 9.50 9.63 9.76 9.89 10.02 10.15 15 6.91 7.03 7.15 7.27 7.4 7.52 7.65 7.78 7.91 8.04 8. 17 8.30 8.44 8.57 8.71 3 85 6.64 5.76 6.89 7.02 7.15 .29 7.42 7.56 7.69 7 83 7.97 3.11 8.25 17 6.26 6.39 6.51 20 5.55 5.67 5.80 5.93 6.06 6.19 6.33 6.46 6.60 6.74 6.88 7.02 7.16 7.31 7.46 7.60 22 5.18 5.31 5.44 5.57 5.70 5.84 5.97 6.11 6.25 3.39 6.54 6.68 6.83 6.98 7.13 7.28 25 4.74 4.87 5.01 5.14 5.28 5.42 5.56 5.70 5.85 5.99 6.14 6.29 6.44 6.60 6.75 6.91 30 4.22 4.35 4.49 4.63 4.77 4.92 5.07 5.22 5.37 5.52 5.68 5.84 6.00 6.16 6.32 6.49 35 3.85 3.99 4.13 4.28 4.43 4.58 4.73 4.89 5.05 5.21 5.37 5.54 5.70 5.87 6.04 6.21 Print DoneQuestion 1, 16.1.1 HW Score: 0%, 0 of 6 points E Homework: 16.1 HW Save Part 1 of 5 Points: 0 of 1 Find the indicated amounts for the fixed-rate mortgages Question list K Purchase Monthly Total Mortgage Interest price of Down Mortgage Interest Years payment paid for rate home payment amount per $1,000 payment paid mortgage $190,000 $0 5.00% 30 O Question 1 Click the icon to view the table of the monthly payment of principal and interest per $1,000 of the amount financed. O Question 2 The mortgage amount is $ . (Round to the nearest dollar as needed.) O Question 3 - X O Question 4 Data table O Question 5 Years Annual interest rate financed 3.00% 3.25% 3.50% 3.75% 4.00% 4.25% 4.50% 4.75% 5.00% 5.25% 5.50% 5.75% 6.00% 6.25% 6.50% 6.75% 10 9.66 9.77 9.89 10.01 10.12 10.24 10.36 10.48 10.61 10.73 10.85 10.98 11.10 11.2 11.35 11.48 12 8.28 8.40 8.51 8.63 8.76 8.8 9.00 9.12 9.25 9.37 9.50 9.63 9.76 9.89 10.02 10.15 15 6.91 7.03 7.15 7.27 7.40 7.52 7.65 7.78 7.91 8.04 8.17 8.30 8.44 8.57 8.71 8.85 O Question 6 17 5.26 6.39 6.51 6.64 6.76 6.89 7.02 7.15 7.29 7.42 7.56 7.69 7.83 7.97 8.11 8.25 20 5.55 5.67 5.80 5.93 6.06 6.19 6.33 6.46 6.60 6.74 6.88 7.02 7.16 7.31 7.46 7.60 22 5 .18 5.31 5.44 5.57 5.70 5.84 5.97 6.11 6.25 6.39 6.54 6.68 6.83 6.98 7.13 7.28 25 4.74 4.87 5.01 5.14 5.28 5.42 5.56 5.70 5.85 5.99 6.14 6.29 6.44 6.60 5.75 6.91 30 4.22 4.35 4.49 4.63 4.77 4.92 5.07 5.22 5.37 5.52 5.68 5.84 6.00 6.16 6.32 6.49 35 3.85 3.99 4.13 4.28 4.43 4.58 4.73 4.89 5.05 5.21 5.37 5.54 5.70 5.87 6.04 6.21 Print Done Help me solve this View an example Get more help - Clear all Check answer C
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