Mathematics, 21.10.2020 14:01 henbry540

Suppose you need to borrow $90000 at an APR of 5.25% to buy a home. a) What will your monthly payment be if you opt for a 15-year mortgage?
b) What percentage of your first month's payment will be interest if you opt for a
15 - year mortgage? (Round your answer to two decimal places as a percentage.)
c) How much interest will you have paid by the end of the 15-year loan?

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Suppose you need to borrow $90000 at an APR of 5.25% to buy a home. a) What will your monthly payme...