Stuart is considering a 3/27 balloon mortgage with an interest rate of 4.4% to purchase a house for $268,000. What will be his balloon payment at the end of 3 years?

My account
Edit my Profile
Private messages
My favorites

Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question

asked Jul 8, 2021 181k views

1 vote

Stuart is considering a 3/27 balloon mortgage with an interest rate of 4.4% to

purchase a house for $268,000. What will be his balloon payment at the end
of 3 years?

Stuart is considering a 3/27 balloon mortgage with an interest rate of 4.4% to purchase-example-1

Mathematics
middle-school

Akshay Rathore asked

by Akshay Rathore

4.5k points

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

2 Answers

4 votes

I am not sure, but I hink it is C!

Krysia answered Jul 9, 2021

by Krysia

4.3k points

0 Comments

Please log in or register to add a comment.

0 votes

Answer: It’s A. 254,196.86

Explanation:

Thomite answered Jul 13, 2021

by Thomite

4.3k points

0 Comments

Please log in or register to add a comment.

Ask a Question

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

4.6m questions

5.9m answers

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

2 Answers

0 Comments

Please log in or register to add a comment.

0 Comments

Please log in or register to add a comment.

Other Questions