Christina Sanders is concerned about the financing of a home. She saw a small Cape...
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Christina Sanders is concerned about the financing of a home. She saw a small Cape Cod-style house that sells for $90,000. If she puts 10% down. what will her monthly payment be at (a) 30 years, 5%, (b) 30 years, 521% : (c) 30 years, 6%, and (d) 15 yeacs, 387% ? What is the total cost of interest over the cost of the loan for each assumption? (Use Table 151) Note: Round your answers to the nearest cent, Do not round intermediate colculations
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