A community for students.
Here's the question you clicked on:
← 55 members online
 0 viewing
jeanettecrisman
 one year ago
Your parents are buying a house for $180,000. They have a good credit rating, are making a 20% down payment, and expect to pay $1,500/month. The interest rate for the mortgage is 4%. What must their realized income be before each month and how much interest is accrued at the end of the second month?
jeanettecrisman
 one year ago
Your parents are buying a house for $180,000. They have a good credit rating, are making a 20% down payment, and expect to pay $1,500/month. The interest rate for the mortgage is 4%. What must their realized income be before each month and how much interest is accrued at the end of the second month?

This Question is Open
Ask your own question
Sign UpFind more explanations on OpenStudy
Your question is ready. Sign up for free to start getting answers.
spraguer
(Moderator)
5
→ View Detailed Profile
is replying to Can someone tell me what button the professor is hitting...
23
 Teamwork 19 Teammate
 Problem Solving 19 Hero
 Engagement 19 Mad Hatter
 You have blocked this person.
 ✔ You're a fan Checking fan status...
Thanks for being so helpful in mathematics. If you are getting quality help, make sure you spread the word about OpenStudy.