Question: 25). a. b. P Use PMT = to determine the regular payment amount, rounded to the nearest dollar. The price of a home is $177,000.

25).

a. 25). a.b. P Use PMT = to determine the regular payment amount, b. rounded to the nearest dollar. The price of a home is $177,000.

P Use PMT = to determine the regular payment amount, rounded to the nearest dollar. The price of a home is $177,000. The bank [1-(1+1) 17 requires a 20% down payment and three points at the time of closing. The cost of the home is financed with a 30-year fixed-rate mortgage at 7%. Complete parts (a) through (e) below. a. Find the required down payment. $ b. Find the amount of the mortgage. $ c. How much must be paid for the three points at closing? $ (Round to the nearest dollar as needed.) d. Find the monthly payment (excluding escrowed taxes and insurance). $ (Round to the nearest dollar as needed.) e. Find the total cost of interest over 30 years. $ (Round to the nearest dollar as needed.) What does comprehensive coverage pay for? Select the correct answer below. A. Comprehensive coverage pays for damage or loss of your car if you're in an accident. B. Comprehensive coverage covers the costs of lawsuits if someone is injured or killed in an accident in which you are at fault. C. Comprehensive coverage protects your car from perils such as fire, theft, falling objects, acts of nature, and collision with an animal. D. Comprehensive coverage covers damage to other cars and property from negligent operation of your vehicle

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