SOLUTION: 10. You want to buy a $171,000 home. You plan to pay 15% as a down payment, and take out a 30 year loan at 5.35% interest for the rest. a) How much is the loan amount going to be

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: 10. You want to buy a $171,000 home. You plan to pay 15% as a down payment, and take out a 30 year loan at 5.35% interest for the rest. a) How much is the loan amount going to be      Log On

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Question 1111640: 10. You want to buy a $171,000 home. You plan to pay 15% as a down payment, and take out a 30 year loan at 5.35% interest for the rest.
a) How much is the loan amount going to be?

Answer by solver91311(24713) About Me  (Show Source):
You can put this solution on YOUR website!




You can do your own arithmetic

John

My calculator said it, I believe it, that settles it