Maurice Tutor

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About Maurice Tutor

Levels Tought:
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Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 402 Weeks Ago, 2 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 12 Oct 2017 My Price 5.00

monthly mortgage payment

2. Compute the down payment, amount financed, and the monthly mortgage payment (showing how to use the appropriate financial formula).

HOME PRICE                   $128,900

LOAN AMOUNT               $103,200

DOWN PAYMENT            20% ($25,800)

INTEREST RATE             3.6%

LOAN TERM                    30 years

MONTHLY PAYMENT     $469     

So I have all the solutions here because I used online calculators from bank websites but I don't know how to do the actual formulas, please type out the actual formulas so i know how to do this without the bank websites.

Answers

Maurice Tutor
(5)
Status NEW Posted 12 Oct 2017 11:10 AM My Price 5.00

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