Mathematics, 18.03.2020 22:18 Reagan650
Frank Green purchased a home with a 10.25% rate mortgage for 25 years. His total monthly payments were $509.85. At the end of 3 years he owes the bank $55,000. Now that interest rates have gone up to 12.75%, the bank wants to renew the mortgage at this rate or Frank can pay $55,000. Frank decides to renew the mortgage, which will make his payments $610.50 a month. You can ignore the small amount of principal that has been paid. What is the monthly payment per thousand of the old mortgage? $ a0 What is the monthly payment per thousand of the new mortgage? $ a1 What is the percent of increase in his new monthly payment? a
Answers: 2
Mathematics, 21.06.2019 21:30, TheSillyMichael1566
X/y + 4y/x divided by x/y - 2y/x explain as in depth as you can how you simplfied the fractions. i don't know where to start on this : /
Answers: 3
Frank Green purchased a home with a 10.25% rate mortgage for 25 years. His total monthly payments we...
Mathematics, 13.05.2021 22:40
Mathematics, 13.05.2021 22:40
Mathematics, 13.05.2021 22:40
Mathematics, 13.05.2021 22:40
Mathematics, 13.05.2021 22:40