1. jack and jill purchased a $125,000 house making a 20% down payment and paying the closing
costs up front, and financing the rest. their 15 year mortgage rate is 3.25%. calculate the
monthly mortgage payment. (principle and interest only.)

The month payment amount is $897.589

Interest amount is $61,566

Step-by-step explanation:

Given as :

The price of the house = $125,000

The down payment amount for house = 20% of total price

i.e The down payment amount for house = 20% × $125,000

Or, The down payment amount for house = × $125,000

Or, The down payment amount for house = $25,000

Now, Balance amount = total price - down payment

Or, Balance amount = $125,000 - $25,000

Or, Balance amount = $100,000

So, The balance amount is bring finance

The finance principal amount = p = $100,000

The rate of interest applied = r = 3.25%

The time period of mortgage = t = 15 years = 15 × 12 = 180 months

Let The Amount of mortgage after 15 years = $A

From Compound Interest method

Amount = Principal ×

Or, A = p ×

Or, A = $100,000 ×

Or, A = $100,000 ×

Or, A = $100,000 × 1.61566

Or, A = $161,566

So,The Amount of mortgage after 15 years = $161,566

Interest applied = Amount - principal

Or, I = $161,566 - $100,000

∴ Interest = $61,566

Again

The month payment amount =

i.e The month payment amount =

Or, The month payment amount = $897.589

Hence The month payment amount is $897.589 and interest amount is $61,566  . Answer

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step-by-step explanation:

told you

answer: ay  

fonsi  

dy  

oh

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oh yeah

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go

sí, sabes que ya llevo un rato mirándote  

tengo que bailar contigo hoy (dy)  

vi que tu mirada ya estaba llamándome  

muéstrame el camino que yo voy (oh)

tú, tú eres el imán y yo soy el metal  

me voy acercando y voy armando el plan  

solo con pensarlo se acelera el pulso (oh yeah)

ya, ya me está gustando más de lo normal  

todos mis sentidos van pidiendo más  

esto hay que tomarlo sin ningún apuro

despacito  

quiero respirar tu cuello despacito  

deja que te diga cosas al oído  

para que te acuerdes si no estás conmigo

despacito  

quiero desnudarte a besos despacito  

firmo en las paredes de tu laberinto  

y hacer de tu cuerpo todo un manuscrito (sube, sube, sube)

(sube, sube)