subject
Mathematics, 08.08.2019 01:20 pattydixon6

03. to purchase a home, a couple borrowed $ 280,000 at 5.1% compounded monthly for 25 years. after making 70 payments, they plan to refinance at 4.2% compounded monthly for 15 years, with refinancing costs of $1100 added to the new loan. a) find the amount refinanced. b) find the new monthly payment.

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 20:00
Adam used 1072.4 gallons of water over the course of 7 days. how much water did adam use, on average, each day?
Answers: 1
question
Mathematics, 22.06.2019 00:00
Last week jason walked 3 1/4 miles each day for 3 days and 4 5/8 miles each day for 4 days. about how many miles did jason walk last week?
Answers: 1
question
Mathematics, 22.06.2019 00:10
2,10,-50 next two numbers geometric sequence
Answers: 1
question
Mathematics, 22.06.2019 00:30
Francisco's credit card has an apr of 28.98%, calculated on the previous monthly balance. his credit card record for the last 7 months is shown in the table below francisco is trying to figure out what this all means. answer the following questions: what is the total amount that francisco has paid in interest over the 7 months? what is the total amount that francisco has made in payments over the 7 months? how much of francisco's payments have gone to paying down the principal on his account? what is francisco's new balance at the end of month 8? what will francisco be charged for interest for month 8?
Answers: 2
You know the right answer?
03. to purchase a home, a couple borrowed $ 280,000 at 5.1% compounded monthly for 25 years. after m...
Questions
question
Biology, 10.03.2020 20:19
Questions on the website: 13722367