document.write( "Question 1202755: You've bought a house for $191,900, and obtained a 30-year mortgage at an annual interest rate of 5.2%. What will your monthly payment be?
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document.write( "I got $1053.74\r
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document.write( "After 10 years, you still owe $128,573. You decide to refinance by taking out a new 20 year mortgage at 4.7%. What will your new monthly payment be?
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document.write( "i got $827.36\r
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document.write( "How much will you save in interest over the 20 years?
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document.write( "I got $54331.20\r
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document.write( "i don't know how to separate these without sounding like I have an incomplete problem? \n" );
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Algebra.Com's Answer #837839 by ikleyn(52788)![]() ![]() You can put this solution on YOUR website! . \n" ); document.write( " \r\n" ); document.write( "(a) You've bought a house for $191,900, and obtained a 30-year mortgage at an annual interest rate of 5.2%. \r\n" ); document.write( "What will your monthly payment be?\r\n" ); document.write( "I got $1053.74 <<<---=== correct\r\n" ); document.write( "\r\n" ); document.write( "\r\n" ); document.write( "(b) After 10 years, you still owe $128,573. You decide to refinance by taking out a new 20 year mortgage at 4.7%. \r\n" ); document.write( "What will your new monthly payment be?\r\n" ); document.write( "i got $827.36 <<<---=== correct\r\n" ); document.write( "\r\n" ); document.write( "\r\n" ); document.write( "(c) How much will you save in interest over the 20 years?\r\n" ); document.write( "I got $54331.20 <<<---=== correct\r\n" ); document.write( "~~~~~~~~~~~~~~~~~~~~~~~~~~~~~\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "All your numbers are correct.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "For checking purposes, you can use this online free of charge calculator\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "https://www.calculator.net/loan-calculator.html\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Happy calculations ( ! )\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |