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plz help MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER 0/1 Points] DETAILS PREVIOUS ANSWERS HARMATHAP 12 6.5.038. Time-share sales provide an opportunity for vacationers to
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MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER 0/1 Points] DETAILS PREVIOUS ANSWERS HARMATHAP 12 6.5.038. Time-share sales provide an opportunity for vacationers to own a resort condo for 1 week (or more) each year forever. The owners may use their week at their own condo or trade the week and vacation elsewhere. Time-share vacation sales usually require payment in full or financing through the time-share company, and interest rates are usually in the 13% to 18% range. Suppose the cost to buy a 1-week time share in a 3-bedroom condo is $21,913. Also suppose a 10% down payment is required, with the balance financed for 15 years at 17:5%, compounded monthly. Round your answers to the nearest cent.) (a Find the monthly payment 3 X (bDetermine the total cost over the life of the loan. X () Suppose maintenance fees for this condo are 5400 per year. Find the annual cost of the condo over the life of the loan. Assume that the annual maintenance fees remain constant. $ X (a) use part. (c) and the 10% down payment to determine the average annual cost for having this vacation condo for 1 week over the life of the loan. Eternumber Reads Viicht Reed Help? Submit Answer MY NOTES ASK YOUR TEACHER PRACTICE ANOTHI [0/1 Points) DETAILS PREVIOUS ANSWERS HARMATHAP12 6.5.038. Time-share sales provide an opportunity for vacationers to own a resort condo for 1 week (or more) each year forever. The owners may use their week at their own condo or trade the week and vacation elsewhere. Time-share vacation sales usually require payment ir full or financing through the time-share company, and interest rates are usually in the 13% to 18% range. Suppose the cost to buy a 1-week time share in a 3-bedroom condo is $21,913. Also suppose a 10% down payment is required, with the balance financed for 1 years at 17.5%, compounded monthly. (Round your answers to the nearest cent.) (a) Find the monthly payment. $ (b) Determine the total cost over the life of the loan. X (c) Suppose maintenance fees for this condo are $400 per year. Find the annual cost of the condo over the life of the loane Assume that the annual maintenance fees remain constant. use.part.().and the 10% down payment to determine the average annual cost for having this vacation condo fon 1 week over the life of the loan. Enter a number. Read it Need Help? Watch It MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER 14. [0/1 Points] DETAILS PREVIOUS ANSWERS HARMATHAP12 6.5.038. Time-share sales provide an opportunity for vacationers to own a resort condo for 1 week (or more) each year forever. The owners may use their week at their own condo or trade the week and vacation elsewhere. Time-share vacation sales usually require payment in full or financing through the time-share company, and interest rates are usually in the 13% to 18% range. Suppose the cost to buy a 1-week time share in a 3-bedroom condo is $21,913. Also suppose a 10% down payment is required, with the balance financed for 15 years at 17.5%, compounded monthly. (Round your answers to the nearest cent.) (a) Find the monthly payment. $310.48 (b) Determine the total cost over the life of the loan. $ 58077 21 (C) Suppose maintenance fees for this condo are $400 per year. Find the annual cost of the condo over the life of the loan. Assume that the annual maintenance fees remain constant. S 64077 21 x (d) Use part (c) and the 10% down payment to determine the average annual cost for having this vacation condo for 1 week over the life of the loan. $4417.90 x Read It Watch It Need Help? MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER 0/1 Points] DETAILS PREVIOUS ANSWERS HARMATHAP 12 6.5.038. Time-share sales provide an opportunity for vacationers to own a resort condo for 1 week (or more) each year forever. The owners may use their week at their own condo or trade the week and vacation elsewhere. Time-share vacation sales usually require payment in full or financing through the time-share company, and interest rates are usually in the 13% to 18% range. Suppose the cost to buy a 1-week time share in a 3-bedroom condo is $21,913. Also suppose a 10% down payment is required, with the balance financed for 15 years at 17:5%, compounded monthly. Round your answers to the nearest cent.) (a Find the monthly payment 3 X (bDetermine the total cost over the life of the loan. X () Suppose maintenance fees for this condo are 5400 per year. Find the annual cost of the condo over the life of the loan. Assume that the annual maintenance fees remain constant. $ X (a) use part. (c) and the 10% down payment to determine the average annual cost for having this vacation condo for 1 week over the life of the loan. Eternumber Reads Viicht Reed Help? Submit Answer MY NOTES ASK YOUR TEACHER PRACTICE ANOTHI [0/1 Points) DETAILS PREVIOUS ANSWERS HARMATHAP12 6.5.038. Time-share sales provide an opportunity for vacationers to own a resort condo for 1 week (or more) each year forever. The owners may use their week at their own condo or trade the week and vacation elsewhere. Time-share vacation sales usually require payment ir full or financing through the time-share company, and interest rates are usually in the 13% to 18% range. Suppose the cost to buy a 1-week time share in a 3-bedroom condo is $21,913. Also suppose a 10% down payment is required, with the balance financed for 1 years at 17.5%, compounded monthly. (Round your answers to the nearest cent.) (a) Find the monthly payment. $ (b) Determine the total cost over the life of the loan. X (c) Suppose maintenance fees for this condo are $400 per year. Find the annual cost of the condo over the life of the loane Assume that the annual maintenance fees remain constant. use.part.().and the 10% down payment to determine the average annual cost for having this vacation condo fon 1 week over the life of the loan. Enter a number. Read it Need Help? Watch It MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER 14. [0/1 Points] DETAILS PREVIOUS ANSWERS HARMATHAP12 6.5.038. Time-share sales provide an opportunity for vacationers to own a resort condo for 1 week (or more) each year forever. The owners may use their week at their own condo or trade the week and vacation elsewhere. Time-share vacation sales usually require payment in full or financing through the time-share company, and interest rates are usually in the 13% to 18% range. Suppose the cost to buy a 1-week time share in a 3-bedroom condo is $21,913. Also suppose a 10% down payment is required, with the balance financed for 15 years at 17.5%, compounded monthly. (Round your answers to the nearest cent.) (a) Find the monthly payment. $310.48 (b) Determine the total cost over the life of the loan. $ 58077 21 (C) Suppose maintenance fees for this condo are $400 per year. Find the annual cost of the condo over the life of the loan. Assume that the annual maintenance fees remain constant. S 64077 21 x (d) Use part (c) and the 10% down payment to determine the average annual cost for having this vacation condo for 1 week over the life of the loan. $4417.90 x Read It Watch It Need Help? MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER
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