Jenelle bought a home for $470,000, paying 18% as a down payment, and financing the rest...

 

Transcribed Image Text:

Jenelle bought a home for $470,000, paying 18% as a down payment, and financing the rest at 6% interest for 30 years. Round your answers to the nearest cent. How much money did Jenelle pay as a down payment? $ What was the original amount financed? $ What is her monthly payment? $ If Jenelle makes these payments every month for thirty years, determine the total amount of money she will spend on this home. Include the down payment in your answer. S ess arity LastPass password... XZ XYZ Homework Accela Citizen Access Light House Medic... USAA Claim Status Claimant Homepage Other favorites cess as Homework Assignment: Module 7 - Loans Score: 0/43 0/10 answered Question 10 Progress saved Done Textbook Chapter 7 - View and print as needed Calculator Resource: Desmos Scientific Calculator TVM Solve App: MOER TVM Solver Roberto bought a $310,000 house, paying 16% down, and financing the rest at 4% interest for 30 years. Her monthly payments are $1243.19. How much will he really pay for her $310,000 house? Roberto will pay a total of $ Question Help: Video Message instructor Submit Question AN over and Cal for the house. Q Search hp 0/4 pts 399 Details 8:10 AM 3/2/2024 Jenelle bought a home for $470,000, paying 18% as a down payment, and financing the rest at 6% interest for 30 years. Round your answers to the nearest cent. How much money did Jenelle pay as a down payment? $ What was the original amount financed? $ What is her monthly payment? $ If Jenelle makes these payments every month for thirty years, determine the total amount of money she will spend on this home. Include the down payment in your answer. S ess arity LastPass password... XZ XYZ Homework Accela Citizen Access Light House Medic... USAA Claim Status Claimant Homepage Other favorites cess as Homework Assignment: Module 7 - Loans Score: 0/43 0/10 answered Question 10 Progress saved Done Textbook Chapter 7 - View and print as needed Calculator Resource: Desmos Scientific Calculator TVM Solve App: MOER TVM Solver Roberto bought a $310,000 house, paying 16% down, and financing the rest at 4% interest for 30 years. Her monthly payments are $1243.19. How much will he really pay for her $310,000 house? Roberto will pay a total of $ Question Help: Video Message instructor Submit Question AN over and Cal for the house. Q Search hp 0/4 pts 399 Details 8:10 AM 3/2/2024