Register
Danelle and Jim Baraja have obtained a $70,000 mortgage loan at an annual interest rate of 6.00 for years. What is the monthly payment, total amount paid, and the total interest?
76.7k views
0 votes
Danelle and Jim Baraja have obtained a $70,000 mortgage loan at an annual interest rate of 6.00 for years. What is the monthly payment, total amount paid, and the total interest?

Danelle and Jim Baraja have obtained a $70,000 mortgage loan at an annual interest-example-1
User Noya
by
9.2k points

1 Answer

4 votes
Total Paid:$147,060.36
Monthly payment $408.50
Total Interest Paid $77,060.36
Hope I helped!!
User Saif Asif
by
8.2k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Write words to match the expression. 24- ( 6+3)
Mr. Jacob is 55 years old and tony is 7 years old. in how many years will mr. Jacobs be 4 times as old as Tony
Link Copied!