Z00036. A house sells for $139,000 and a 45% down payment is made. A 30-year mortgage at 8% was obtained.
(i) Find the down payment.
(ii) Find the amount of the mortgage.
(iii) Find the monthly payment.
(iv) Find the total interest paid.
Z00036. A house sells for $139,000 and a 45% down payment is made. A 30-year mortgage at 8% was obtained. (i) Find the down payment. (ii) Find the amount of the mortgage. (iii) Find the monthly payment. (iv) Find the total interest paid.