Question: WAMAP HW 7: Finance Practice Exercises Save progress Done VO Score: 0/20 1/11 answered . Question 11 0/3 pts 2 99 You want to buy

WAMAP HW 7: Finance Practice Exercises Save progress Done VO Score: 0/20 1/11 answered . Question 11 0/3 pts 2 99 You want to buy a $224,000 home. You plan to pay 15% as a down payment, and take out a 30 year loan for the rest. a) How much is the loan amount going to be? b) What will your monthly payments be if the interest rate is 5%? c) What will your monthly payments be if the interest rate is 6%? Question Help: Video 1 Video 2 Submit

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