Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. advance math
  3. how much interest (to the nearest dollar) would be

How much interest (to the nearest dollar) would be saved on the following loan if the...

70.2K

Verified Solution

Question

Advance Math

How much interest (to the nearest dollar) would be saved on thefollowing loan if the condominium were financed for 15 rather than30 years? A $269,000 condominium bought with a 30% down payment andthe balance financed for 30 years at 3.05%

Answer & Explanation Solved by verified expert
3.7 Ratings (583 Votes)
    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Economics
1.2K views

Given the information below:      rd = 10% Municipal Bonds = $11,700,000       Household CD’s = $32,250,000      Transactions Deposits = $72,150,000      Savings...

Chemistry
1.2K views

A student mixes 5.00 mL of 2.00 x 10‐3 M Fe(NO3)3 with 5.00 mL 2.00 x...

Physics
1.2K views

Q 4 The current I changes with time t in an inductor as shown in...

Algebra
1.2K views

4 12 pts Consider a matrix A 0 1 0 1 0 1 0 1...

Accounting
1.2K views

Exercise 24-13 a-b Fultz Company has accumulated the following budget data for the year 2020....

Accounting
1.2K views

QUESTION 39 corporation's Nonseparately stated income for the year of 2022 is: 8,0,0008110,000510,00016,000 During the...

Accounting
1.2K views

As required to complete Course Project 1, one must follow the cycle that includes 10...

Accounting
1.2K views

Q5. CALCULATE COGS AND ENDING INVENTORY USING FIFO AND LIFO METHOD- 15 MARKS ...

Accounting
1.2K views

A limited partnership is an example of a corporation. True False

Finance
1.2K views

Consider a retail firm with a net profit margin of 3.61%, a total asset turnover...

Finance
1.2K views

You work for a nuclear research laboratory that is contemplating leasing a diagnostic scanner (leasing...

Accounting
1.2K views

AAA Company produced a product which had a selling price of $20 and a variable...