Here's the question you clicked on:

55 members online
  • 0 replying
  • 0 viewing

jeanettecrisman

  • 3 years 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
  1. jasmine2334
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 0

    7

  2. Not the answer you are looking for?
    Search for more explanations.

    • Attachments:

Ask your own question

Sign Up
Find more explanations on OpenStudy
Privacy Policy