subject
Business, 06.10.2019 08:30 clevelandjaniya1

Amanda rice has just arranged to purchase a $500,000 vacation home in the bahamas with a 20 percent down payment. the mortgage has a 5.6 percent apr compounded monthly and calls for equal monthly payments over the next 30 years. her first payment will be due one month from now. however, the mortgage has an eight-year balloon payment, meaning that the balance of the loan must be paid off at the end of year 8. there were no other transaction costs or finance charges. how much will amanda’s balloon payment be in eight years? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 14:30
Producers can create their maximum combination of goods, s long as what?
Answers: 3
question
Business, 22.06.2019 17:30
Alinguist had a gross income of 53,350 last year. if 17.9% of his income got witheld for federal income tax, how much of the linguist's pay got witheld for federal income tax last year?
Answers: 2
question
Business, 22.06.2019 21:20
Which of the following best explains how trade enables greater specialization among producers? a. trade diversifies the market by bringing specialized goods from around the world. b. trade requires distribution networks and adds one more step to the production process. c. trade enables producers to open up new markets for their goods and services. d. trade allows people to focus on one kind of production and trade for their other needs.
Answers: 1
question
Business, 22.06.2019 21:50
Labor unions have used which of the following to win passage of favorable laws such as shorter work weeks and the minimum wage? a. strikes b. collective bargaining c. lobbying d. lockouts
Answers: 1
You know the right answer?
Amanda rice has just arranged to purchase a $500,000 vacation home in the bahamas with a 20 percent...
Questions
question
Mathematics, 29.01.2020 13:45
question
History, 29.01.2020 13:45
question
Mathematics, 29.01.2020 13:45
Questions on the website: 13722367