Answered

You want to buy a $200000 home. You plan to pay 10% 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 your monthly payments be if the interest rate 5%?

C. What will your monthly payments be if the interest rate is 6%?

Answer :

Answer:

A = 20,000

Step-by-step explanation:

200,000 ÷ 10 = 20,000

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