document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=181810>Question 181810</A>This question is from textbook <A HREF=http://www.amazon.com/exec/obidos/ASIN/0764113593/algebrahomeworkh>Business Mathematics</A><BR>\n" );
document.write( ": <I><SPAN STYLE=\"word-break: break-all;\"> Find the yearly cost of a $90,000 mortgage at 9.5% for 30 years if the monthly payment per $1,000 of mortgage is $8.41.<BR>\n" );
document.write( "a) $756.90<BR>\n" );
document.write( "b) $75.69<BR>\n" );
document.write( "c) $9,082.80<BR>\n" );
document.write( "d) None of these </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #136450 by </B><A HREF=/tutors/aboutme.mpl?userid=vleith><B>vleith(2983)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=vleith><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=136450\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> You are told monthly payment per $1,000 of mortgage is $8.41.<BR>\n" );
document.write( "You have a 90,000 mortgage, so your monthly cost is 8.41*90 <BR>\n" );
document.write( "There are 12 months in a year, So yearly cost is 8.41*90*12 = 9082.80\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "Make sense?? </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );