ItzellB118704 ItzellB118704

28-10-2022
Mathematics

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You have finished University, worked for 3 years, and saved $42,000 for a down payment on a house. You find a house that you want to buy for $584,900 and the bank is offering a mortgage rate of 3.29%, compounded semi-annually. You are going to amortize over 30 years. a) What is total mortgage, after the down payment is deducted? b) What are the regular payments, if you choose to pay monthly? c) What are the regular payments, if you choose to pay bi-weekly?

You have finished University worked for 3 years and saved 42000 for a down payment on a house You find a house that you want to buy for 584900 and the bank is o class=

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