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Pleasee help me, im trying to graduate Clarrisa Madison purchases a home and secures a loan of $210,000. The bank charges a fee of 2.22
Pleasee help me, im trying to graduate
Clarrisa Madison purchases a home and secures a loan of $210,000. The bank charges a fee of 2.22 points. Find the charge for points. $ Need Help? Read It Watch It [-/1 Points] DETAILS MY NOTES ASK YOUR TEACHER Find the mortgage payment for a 15-year loan of $222,100 at an annual interest rate of 8.35%. (Round your answer to two decimal places.) $ Need Help? Read It Watch It Master It [-13 Points] DETAILS MY NOTES ASK YOUR TEACHER A dog trainer purchases a car for $27,500. (Round your answers to the nearest cent. See Example 2 in this section.) (a) The sales tax is 6.25% of the purchase price. Calculate the sales tax (in dollars). $ (b) The registration and license fee is 0.9% of the purchase price. What is the registration and license fee (in dollars)? $ (c) If the trainer makes a down payment of $4,000 and gets a loan for the purchase price, sales tax, and registration fee at an interest rate of 3.5% compounded monthly for 5 years, what is the monthly car payment (in dollars)? $Step by Step Solution
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