Multiple Choice
A $104,000 selling price with $24,000 down at 8 1/2% for 25 years results in a monthly payment of:
A) $644.18
B) $645.60
C) $546.06
D) $654.60
E) None of these
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q3: The amount of the down payment one
Q5: Points are to be paid off as
Q12: The monthly payment on a home purchased
Q15: Marsha Terban bought a home for $119,000
Q16: Jill Diamond bought a home for $190,000
Q18: The difference between the monthly payments on
Q35: The major portion of the monthly payment
Q59: Interest is equal to principal times rate
Q80: A monthly payment of $850 on a
Q93: Graduated payments let the borrower pay more