Mathematics, 26.02.2021 01:00 tahjaybenloss16

3. GHT Bank offers a 20 year 9.81% interest rate and MPM offers a 30 year 11% rate. Jorgy borrows $280,000 a. What is the monthly payment of GHT bank?

b. How much interest is paid for the GHT mortgage for the term of the loan?

c. What is the monthly payment of MPM bank?

d. How much interest is paid for the MPM mortgage for the term of the loan?

e. How much more interest will you pay MPM bank?

Answers: 2

Show answers

Other questions on the subject: Mathematics

Mathematics, 21.06.2019 16:00, jeff7259

The scatter plot graph shows the average annual income for a certain profession based on the number of years of experience which of the following is most likely to be the equation of the trend line for this set of data? a. i=5350e +37100 b. i=5350e-37100 c. i=5350e d. e=5350e+37100

Answers: 1

continue

Mathematics, 21.06.2019 23:30, jwbri

If the car had not hit the fence, how much farther would it have skidded? solve the skid-distance formula to find the extra distance that the car would have traveled if it had not hit the fence. round your answer to two decimal places. note that unit conversion is built into the skid distance formula, so no unit conversions are needed.

Answers: 2

continue

Mathematics, 22.06.2019 02:00, redbenji1687

35 ! insert < , > , or = to make the sentence true. 12 __ 25 > =

Answers: 1

continue

Mathematics, 22.06.2019 03:00, davelopez979

Which is the graph of the following inequality?

Answers: 3

continue

You know the right answer?

3. GHT Bank offers a 20 year 9.81% interest rate and MPM offers a 30 year 11% rate. Jorgy borrows $2...