10:47 PM Fri Jun 28 2 % t a myopenmath.com Score in gradebook: 0.7 out...
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Finance
10:47 PM Fri Jun 28 2 % t a myopenmath.com Score in gradebook: 0.7 out of 1 Reattempt last question Question scored, Continue with assessment, or when you are done click here to see a summary of your score. Question 1. Points: 0 out of 1 possible. Suppose that 10 years ago you bought a home for $140,000, paying 10% as a down payment, and financing the rest at 7% interest for 30 years. Your existing mortgage (the one you got 10 years ago) How much money did you pay as your down payment? S 14000 Preview Show Answer Question 2 Points: 0 out of 1 possible. 1 available on this attempt.. This is attempt 1 of 3. How much money was your existing mortgage (loan) for? Preview Submit Question 2 Question 3. Points: 0 out of 3 possible. What is your current monthly payment on your existing mortgage? Preview Note: Carry at least 4 decimal places during calculations, but round your final answer to the nearest cent. Question 4, Points: 0 out of 2 possible. How much total interest will you pay over the life of the existing loan? Preview Question 5. Points: 0 out of 1 possible. This year (10 years after you first took out the loan), you check your loan balance. Only part of your payments have been going to pay down the loan; the rest has been going towards interest. You see that you still have $108,123 left to pay on your loan. Your house is now valued at $200,000. Your current situation

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