Mathematics, 07.01.2021 23:50 KayleighMorganhopkin
Bethany and Samuel are buying a new house. They have $25,000 saved for a down payment and know they can afford a monthly payment of $1,500 or less. They also know that the best interest rate they can get is 5.1% annually and they want to sign a 30 year mortgage.
If they sign a 30 year mortgage, how many monthly payments will they make?
Since they have $25,000 for a down payment, what is the highest price of a home they can afford?
Answers: 3
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Bethany and Samuel are buying a new house. They have $25,000 saved for a down payment and know they...
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