document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1203926>Question 1203926</A>: <I><SPAN STYLE=\"word-break: break-all;\">  you want to buy a $205,000 home you plan  to pay 15% as a down payment, and take out a 30 year loan for the rest.  a) how much is the loan amount going to be     b) what will you monthly payments be if the interest rate is 5%          c)what will you monthly payments be if the interest rate is 6% </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #839850 by </B><A HREF=/tutors/aboutme.mpl?userid=MathLover1><B>MathLover1(20849)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=MathLover1><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/cgi-bin/show-face.mpl?user=MathLover1><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=839850\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> a) how much is the loan amount going to be\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=205000+-205000%2A0.15=174250 ALIGN=MIDDLE  ALT=\"205000+-205000%2A0.15=174250\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "b) what will you monthly payments be if the interest rate is <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=5 ALIGN=MIDDLE  ALT=\"5\"   DISABLED_style= \"max-width:90%; height:auto;\" >% \r<BR>\n" );
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document.write( "use the formula\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=M=%28P%2Ai%29%2F%281-%281%2Bi%29%5E%28-n%29%29 ALIGN=MIDDLE  ALT=\"M=%28P%2Ai%29%2F%281-%281%2Bi%29%5E%28-n%29%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >  where\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+M+ ALIGN=MIDDLE  ALT=\"+M+\"   DISABLED_style= \"max-width:90%; height:auto;\" >is monthly payment<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=P ALIGN=MIDDLE  ALT=\"P\"   DISABLED_style= \"max-width:90%; height:auto;\" > is loan amount<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=i ALIGN=MIDDLE  ALT=\"i\"   DISABLED_style= \"max-width:90%; height:auto;\" > is monthly interest (annual divided by <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=12 ALIGN=MIDDLE  ALT=\"12\"   DISABLED_style= \"max-width:90%; height:auto;\" >)<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=n ALIGN=MIDDLE  ALT=\"n\"   DISABLED_style= \"max-width:90%; height:auto;\" > is number of payments (<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=30 ALIGN=MIDDLE  ALT=\"30\"   DISABLED_style= \"max-width:90%; height:auto;\" > years=<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=30%2A12=360 ALIGN=MIDDLE  ALT=\"30%2A12=360\"   DISABLED_style= \"max-width:90%; height:auto;\" > months)\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=P=174250 ALIGN=MIDDLE  ALT=\"P=174250\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=i=+5%2F12 ALIGN=MIDDLE  ALT=\"i=+5%2F12\"   DISABLED_style= \"max-width:90%; height:auto;\" >% =<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=0.05%2F12 ALIGN=MIDDLE  ALT=\"0.05%2F12\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=n=360 ALIGN=MIDDLE  ALT=\"n=360\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=M=%28174250%280.05%2F12%29%29%2F%281-%281%2B0.05%2F12%29%5E-360%29+ ALIGN=MIDDLE  ALT=\"M=%28174250%280.05%2F12%29%29%2F%281-%281%2B0.05%2F12%29%5E-360%29+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=M=935.41 ALIGN=MIDDLE  ALT=\"M=935.41\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "Loan payment is $<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=935.41 ALIGN=MIDDLE  ALT=\"935.41\"   DISABLED_style= \"max-width:90%; height:auto;\" > for <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=360 ALIGN=MIDDLE  ALT=\"360\"   DISABLED_style= \"max-width:90%; height:auto;\" > payments at <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=5 ALIGN=MIDDLE  ALT=\"5\"   DISABLED_style= \"max-width:90%; height:auto;\" >%.\r<BR>\n" );
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document.write( "c)what will you monthly payments be if the interest rate is <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=6 ALIGN=MIDDLE  ALT=\"6\"   DISABLED_style= \"max-width:90%; height:auto;\" >%\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=M=%28174250%280.06%2F12%29%29%2F%281-%281%2B0.06%2F12%29%5E-360%29+ ALIGN=MIDDLE  ALT=\"M=%28174250%280.06%2F12%29%29%2F%281-%281%2B0.06%2F12%29%5E-360%29+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=M=1044.72 ALIGN=MIDDLE  ALT=\"M=1044.72\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "Loan payment is $<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=1044.72 ALIGN=MIDDLE  ALT=\"1044.72\"   DISABLED_style= \"max-width:90%; height:auto;\" > for <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=360 ALIGN=MIDDLE  ALT=\"360\"   DISABLED_style= \"max-width:90%; height:auto;\" > payments at <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=6 ALIGN=MIDDLE  ALT=\"6\"   DISABLED_style= \"max-width:90%; height:auto;\" >%\r<BR>\n" );
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document.write( " </SPAN>\n" );
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