Question: how do I do the last 2? (1 point) A couple has decided to purchase a $160000 house using a down payment of $20000. They

how do I do the last 2?

how do I do the last 2? (1 point) A couple has

(1 point) A couple has decided to purchase a $160000 house using a down payment of $20000. They can amortize the balance at 12% over 25 years. a) What is their monthly payment? Answer = $ 1474.51 b) What is the total interest paid? Answer = $ 302353 c) What is the equity after 5 years? Answer = $ 133914.14 d) What is the equity after 20 years? Answer = $

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