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MY NOTES PRACTICE 3. 1-/1 Points) DETAILS HARMATHAP 126.5.030 A young couple buying their first home borrow $85,000 for 30 years at 7.8%, compounded monthly,
MY NOTES PRACTICE 3. 1-/1 Points) DETAILS HARMATHAP 126.5.030 A young couple buying their first home borrow $85,000 for 30 years at 7.8%, compounded monthly, and make payments of 5611.00. After years, they are abio to make a one-time payer $2,000 along with their 4th payment. (3) Find the unpaid balance immediately after they pay the extra $2,000 and their oth payment. (Round your answer to the permit cont.) (D) How many regular payments of $611.19 wis amortize the unpaid balance from purt (ay? Give the answer to one decimal pone payments How much will the remaining debt be after the number of full payment periods in part (b) is made? [Round your answer to the eart cent) How much extra must be included with the last full payment to pay off the debt Hound your answer to the nearest.com) $ 5 (d) How much will the couple pay over the life of the foon by aaying the extra $2.000 (Reunt your answer to the nearest cont.) 5 ) How much was the couple save over the tre of the loan www tee 1.600F (or aner om nortune your arm to the west cent) 5 Need Help
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