anonymous
  • anonymous
Lynn bought a $300,000 house, paying 10% down, and financing the rest at 6% interest for 30 years. a. Find her monthly payments: I think it is 990. 59 per month... Not 100% on that yet b. How much interest will she pay over the life of the loan? This one I'm stuck on
Mathematics
  • Stacey Warren - Expert brainly.com
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SOLVED
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chestercat
  • chestercat
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anonymous
  • anonymous
$300,000 * .10 = $30,000 $300,000 - $30,000 = $270,000 I think you have to multiply 270,000 by .06 & add that to 270,000 & divide that by 30.... for the first one.
anonymous
  • anonymous
Nevermind, I read that problem wrong. I'm not sure what you do for these..
anonymous
  • anonymous
lol its ok thank you for trying though

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anonymous
  • anonymous
The first on has a formula for it and that how i got that answer but as for the second one im not sure how to start it...

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