Question: I NEED HELP!!!! I am attaching a corrected Business Math assignment. I neglected to add the Excel or the actual formula to solve the problems.
I NEED HELP!!!! I am attaching a corrected Business Math assignment. I neglected to add the Excel or the actual formula to solve the problems. Can someone please help me figure out the formula? I need this today!!!
Date: log cabin for $70,000 at 11% interest for 30 years. Prepare an amortization Bob Jones baught schedule for the first three period Portion to Use Excel or actual formula. Word Problems 9.11.132 CNBC.com reported mortgage applications dropped in March 2015 due to an increase in the ,at (4 pts) rate on 30-year fixed rate mortgages to an average of 4.01%. Dennis Nataliwantsto purchase a vacation home for $23S,000 with 20% down. Calculate his monthly payment for a 20-rear mortgage at 3.5%. Calculate total interest 822,7155 Joe Levi bought a home in Arlington, Texas, for $140,000. He put down 20% and abtained a 4 pts) mortgage for 30 years at 5 what is Joe's monthly payment? What is the total interest cost of the loan? V AF 5000-47000 V-AF 140000- 140000 x 2 ar 140000 r.8 18,000 mortgage Use Excel or actual formula. Va $112,000 P PMT(035/12,240, 1880000 P PMTUOSS/12,360 -1120000 P $1,090.32 mo nthly payment MP $63592 monthly payment 1090 32x240 188000 (63592 x 3600 -112000 $73,676.80total interest $116,93120total interest Date: log cabin for $70,000 at 11% interest for 30 years. Prepare an amortization Bob Jones baught schedule for the first three period Portion to Use Excel or actual formula. Word Problems 9.11.132 CNBC.com reported mortgage applications dropped in March 2015 due to an increase in the ,at (4 pts) rate on 30-year fixed rate mortgages to an average of 4.01%. Dennis Nataliwantsto purchase a vacation home for $23S,000 with 20% down. Calculate his monthly payment for a 20-rear mortgage at 3.5%. Calculate total interest 822,7155 Joe Levi bought a home in Arlington, Texas, for $140,000. He put down 20% and abtained a 4 pts) mortgage for 30 years at 5 what is Joe's monthly payment? What is the total interest cost of the loan? V AF 5000-47000 V-AF 140000- 140000 x 2 ar 140000 r.8 18,000 mortgage Use Excel or actual formula. Va $112,000 P PMT(035/12,240, 1880000 P PMTUOSS/12,360 -1120000 P $1,090.32 mo nthly payment MP $63592 monthly payment 1090 32x240 188000 (63592 x 3600 -112000 $73,676.80total interest $116,93120total interest
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