Don is buying a home for $190,300. he is making a 30% down payment and financing the rest with a 15-year loan at 5.75% interest. what will his monthly mortgage payment be?
a. $1106.18
b. $1124.16
c. $1304.28
d. $1580.25

Option A- $1106.18.

Step-by-step explanation:

Given : Don is buying a home for $190,300. He is making a 30% down payment and financing the rest with a 15-year loan at 5.75% interest.

To find : What will his monthly mortgage payment be?

Solution :

There is a 30% down payment

So, Amount financing

Formula of monthly payment  :

Monthly payment,  

Discount factor  

Where, Amount = $133210

Rate r= 5.75%=0.0575

Time = 15 years  

Now, put all the values we get,  

Monthly payment,  

Therefore, Option A is correct.

The Monthly payment is $1106.18.

when rotating a figure 180 degrees, imagine that you are able to take the figure and turn it clockwise or counterclockwise around a center point. to rotate a figure 180 degrees, you will need to apply the rule (x, y) → (-x, -y). start by using a coordinate grid with coordinates for each vertex of the figure. the center point of the coordinate grid is located at (0, 0), which is what you will rotate the figure around. write down the original coordinates of the shape you are going to rotate. then, apply the rule. for example, coordinate (1, 2) becomes (-1, -2). another example would be, coordinate (-4, -2) becoming (4, 2). after you change each original coordinate to the rotated coordinate, you will draw your new figure.

step-by-step explanation: