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A woman buys a house for [tex]$315,000. She pays $[/tex]40,000 down and takes out a mortgage if the length of the mortgage is (a) 15 years; (b) 20 years; (c) 25 years. (d) When will half the 20-year loan be paid off? (a) For the 15-year mortgage, the woman will make monthly payments of [tex]$☐ -
(Do not round until the final answer. Then round to the nearest cent.)
The total amount of interest the woman will pay is $[/tex] (Do not round until the final answer. Then round to the nearest cent.)
Sagot :
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