Mathematics, 06.04.2021 05:40 kylebenson

Question 3 (2 points) Murphy obtains a 15/5 balloon mortgage to finance $113,500 at 4.95%. How much principal and interest will he have already paid when his
balloon payment is due? (2 points)
a
$85,433.10
$70,863.13
$52,781.40
$53,676.00
d

Answers: 1

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Question 3 (2 points) Murphy obtains a 15/5 balloon mortgage to finance $113,500 at 4.95%. How much...

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Question 3 (2 points) Murphy obtains a 15/5 balloon mortgage to finance $113,500 at 4.95%. How much principal and interest will he have already paid when his balloon payment is due? (2 points) a $85,433.10 $70,863.13 $52,781.40 $53,676.00 d

Answers

Another question on Mathematics

Question 3 (2 points) Murphy obtains a 15/5 balloon mortgage to finance $113,500 at 4.95%. How much principal and interest will he have already paid when his
balloon payment is due? (2 points)
a
$85,433.10
$70,863.13
$52,781.40
$53,676.00
d