Wyatt is considering a 7/23 balloon mortgage with an interest rate of 4.8% to purchase a house for $211,000. His monthly payment for the first 7 years of the mortgage will be $1107.04. Let's take a look at a couple of scenarios to see how the balloon mortgage could play out. (5 points: Part I - 1 point; Part II - 1 point; Part III - 1 point; Part IV - 1 point; Part V - 1 point)

exa:

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3+11

14

step-by-step explanation:

from this example, we can see that subtracting with integers is the same as adding the opposite. we can solve using a number line or by using the saying "keep, change, change" to us solve. it is important to remember that we can subtract a negative and end up with a larger number than we started with.

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step-by-step explanation:

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