Business, 18.02.2021 20:50 jtbrown0093

You've decided to buy a house that is valued at $1 million. You have $350,000 to use as a down payment on the house, and want to take out a mortgage for the remainder of the purchase price. Your bank has approved your nterest rate (called the $650,000 mortgage, and is offering a standard 30-year mortgage at a 10% fixed nomina loan's annual percentage rate or APR). Under this loan proposal, your mortgage payment will be per month. a. $7,700.43
b. 7130.03
c. 8841.23
d. 5704.02

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You've decided to buy a house that is valued at $1 million. You have $350,000 to use as a down payme...