Question: Close Date: Thi, Dec 2, 2021, 05:30 PM 02:21:34 Question 6 of 6 ons on 1 (3) on 2 (4) Rebecca purchased a house for

Close Date: Thi, Dec 2, 2021, 05:30 PM 02:21:34 Question 6 of 6 ons on 1 (3) on 2 (4) Rebecca purchased a house for $375,000. He made a down payment of 30.00% of the value of the house and received a mortgage for the rest of the amount at 3.22% compounded semi-annually amortized over 20 years. The interest rate was fixed for a 3 year period. on 3 (4) en 4 (3) on 5 (3) a. Calculate the monthly payment amount. on 6 (3) Round to the nearest cent b. Calculate the principal balance at the end of the 3 year term. Round to the nearest cent SUBMIT QUESTION SUBMIT ASSIGNMENT b. Calculate the principal balance at the end of the 3 year term. Round to the nearest cent c. Calculate the monthly payment amount if the mortgage was renewed for another 3 years at 5.72% compounded semi-annually? Round to the nearest cent SUBMIT QUESTION SUBMIT ASSIGNMENT SAVE PROGRESS Book Air
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