Suppose that you would like to buy a home priced at $300,000. You make a 15% down payment on the house. Compute the total monthly payment for a 30 year mortgage at 3.6% annual interest rate.

If the escrow is 1.5% of the purchase price, what is the monthly payment plus the escrow for each month?

(If possible, please show or explain the work)

10/60

step-by-step explanation:

if you divide 10 by 60 the answer is 0.166666 while if you divide or solve the other problems it equals 0.6

hiking down a winding trail.

step-by-step explanation:

the 8 in 8,420 is in the thousands place so it's value is 8 thousand.

the 8 in 6,870 is in the hundreds place so it's value is 8 hundred.

divide 8000 by 800 to find the answer:

8000 / 800 = 10

the 8 in 8,420 is 10 times greater than the 8 in 6,870