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Written Assignment #6 - Mortgage Instructions On a piece of paper or on a device...

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Accounting

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Written Assignment #6 - Mortgage Instructions On a piece of paper or on a device with a touch screen, hand write the solution to the following problem. Then photograph or save the file in .pdf form and submit it on this page. You would like to buy a house for $1,000,000. You put $200,000 down, and then get a mortgage for the rest at 4%, compounded monthly. What is the difference in the a) monthly payment and b) total amount of payments if you amortize the loan over 30 years vs. 15 years? Please include all steps and then: . Make sure the entire solution is hand-written on paper or on a tablet or other device. Take a photo of the paper, or save the file, and convert it to pdf, then submit the pdf below. Here's a.link to a Wiki How.nasee that describes how to save files as pdf . Please use the following title: Math Class.Last Name.6.pdf For example, I would use the title: 75. Saunders.6.pdf Whoo hoo

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