hockeybeast33
hockeybeast33 hockeybeast33
  • 09-02-2017
  • Mathematics
contestada

Julie and Brian are financing $245,000 to purchase a house. they obtained a 30/5 balloon mortgage at 5.25%. What will their balloon payment be?

Respuesta :

MissPhiladelphia
MissPhiladelphia MissPhiladelphia
  • 15-02-2017
This question had the following choices:
A) $223,884.91
B) $226,753.98
C) $229,679.66
D) $234,068.73


I used the Online Balloon Payment Loan Calculator and got this amount $226,753.92. This is nearest to Choice B.

For manual computation, use this formula in the 2nd attachment.
Ver imagen MissPhiladelphia
Ver imagen MissPhiladelphia
Answer Link

Otras preguntas

How were slaves obtained in Africa?
3.4 in word form and expanded form
Sarosh receives 8% commission on the final price of the clothing he sells. A customer bought a $45.00 coat that was marked 20% off and a $95.00 suit that was ma
If a group is sovereign they are said to be________.
About how many feet does a team of athletes run in a 1600meter relay race?
the product of four and a number is 18 more than twice the number what is the answer
What are two ways in which mixtures differ from compounds??
what is measured in watts that starts with a p
is they're noun pronoun or verb
What barriers to movement did the geography of Africa pose