Register
Chuck purchased a home in Texas for $240,000.00. He made a down payment of 20 percent and obtained a mortgage for 25 years at 6 percent. What amount of his first payment of $1,236.48 applied to interest?
102k views
4 votes
Chuck purchased a home in Texas for $240,000.00. He made a down payment of 20 percent

and obtained a mortgage for 25 years at 6 percent. What amount of his first payment of
$1,236.48 applied to interest?
O$136.90
O$1,236.48
O$960.00
O $276.48

User Pradeep Sanjaya
by
3.0k points

2 Answers

3 votes

Answer:

$960.00

Explanation:

User Arun Yokesh
by
3.5k points
5 votes

Answer:

C $960.00

Explanation:

User Srowley
by
3.4k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

3.3m questions

4.3m answers

Other Questions

A study was completed in Florida. In southern Florida, the study involved 3,000 patients; 54% of them experienced flulike symptoms during the same month. The study had a margin of error of 1.8%. What does
Can someone help me plz I have to Turn 27/9 in simplest
The sanchez family goes out for dinner, and the price of the meals is $60. The sales tax on the Meals is 7 percent, and they also want to leave a 15 percent tip. What is the total cost of the meal? Analyze
Simplify: 10 ÷ [(5 + 2) − 5]
WHAT IS 33 TIMES 5 TELL ME THE ANWER
Link Copied!