Question: Pls I need help VIJIMMY Answer is complete and correct. Loan balance S 153,335.12 If the house appreciates at 3 percent per year, what will

Pls I need help VIJIMMY Answer is complete and correct. Loan balance S 153,335.12 If the house appreciates at 3 percent per year, what Pls I need help

VIJIMMY Answer is complete and correct. Loan balance S 153,335.12 If the house appreciates at 3 percent per year, what will be the value of the house in ten years? (Do not round intermediate calculations and round your final answer to 2 decimal places.) X Answer is complete but not entirely correct. Future value $ 157,935 17 X How much of this value is your equity? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Answer is complete but not entirely correct. Equity $ 37,064 83 % Problem 4 and 5-7 House Appreciation and Mortgage Payments Say that you purchase a house for $218,000 by getting a mortgage for $195,000 and paying a $23,000 down payment. If you get a 25-year mortgage with an interest rate of 7 percent, what are the monthly payments? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Answer is complete and correct. Payment $ 1,378.22 What would the loan balance be in ten years? (Round the payment amount to the nearest cent but do not round any other interim calculations. Round your final answer to 2 decimal places.) Answer is complete and correct. Loan balance 153,335.12

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