Answer each of the following questions using complete sentences. Part I: Harper is shopping for a home and a mortgage for $175,800 with which to purchase this home. In her
search, she was eligible for three different mortgages:
. a 30-year, fixed-rate mortgage at 6.15%
. a 30-year, 6/1 adjustable-rate mortgage at 5.89% with a 2/9 cap
. a 30/6 balloon mortgage at 5.1%
Which mortgage has the least expensive initial monthly payment? How do you know?
Part II: Which mortgage is likely to have the lowest total cost? Why?
Part III: What are the advantages and disadvantages of a fixed-rate mortgage, an adjustable-rate mortgage, and a
balloon mortgage? (6 points)

8/k

step-by-step explanation:

answer:

total cost for tiles and paints is $924.  

step-by-step explanation:

we have been given that a community hall is in the shape of a cuboid. the hall is 40m long 15m high and 3m wide.

the paint will be required for 4 walls and ceiling.

let us find area of walls and ceiling.

therefore, the area of walls and ceiling is 1410 square meters.

given: cost for 10 litre of paint is $10 and 10 litre paint covers 25 square meter. therefore,

therefore, the total painting cost is $564.

tiles will be required for floor. let us find the area of floor.

given: 1m squared floor tiles costs $3. so,

therefore, the total tiles cost is $360.

now let us find combined total cost of tiles and paint.

therefore, the combined total cost of tiles and paint is $924.

after 1 year: 221 deer

step-by-step explanation:

30% of 170 is 51. 170+51=221