Robert took out an 80/20 mortgage to buy a $100,000 house. The first (80%) mortgage has an interest rate of 4.75%, and the second (20%) mortgage has an interest rate of 7.525%. Both mortgages are 30-year fixed-rate mortgages. What is the total mortgage payment for this house?
A. $140.19
B. $557.51
C. $439.87
D. $417.32
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Robert took out an 80/20 mortgage to buy a $100,000 house. The first (80%) mortgage has an interest rate of 4.75%, and the second (20%) ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Is 52 a prime numbet
Answers (2)
What's 20{5[100-3 (25+35) + 20]}
Answers (1)
Which of the following is a true statement about dilations? A. It changes the size of the figure. B. It changes the orientation of the figure. C. It changes the orientation of the verticies. D. All of the above.
Answers (1)
What is the quotient for 561 60/800 divided by 28
Answers (1)
They drive for 2 hours and 45 minutes at an average speed of 60 miles per hour. how far did carter and his family travel in that time?
Answers (1)
New Questions in Mathematics
How is the graph of y = 1/3x related to its parent function y = 1/x
Answers (1)
Find (-1), h (0), and h (4) for the following function h (x) = 9x^2-4 h (-1) = h (0) = h (4) = Simplify answer
Answers (1)
What is 2/5 divided by 1/4
Answers (1)
When comparing two negative integers, how can you determine which integers is the greatest number
Answers (1)
is perpendicular to. How many 90° angles are formed by the intersection?
Answers (1)