Question: < webwork/ma162-s22-golenbiewski/hw20/2 HW20: Problem 2 Previous Problem Problem List Next Problem (1 point) A couple has decided to purchase a $200000 house using a

< webwork/ma162-s22-golenbiewski/hw20/2 HW20: Problem 2 Previous Problem Problem List Next Problem (1 point) A couple has decided to purchase a $200000 house using a down payment of $10000. They can amortize the balance at 6% over 20 years. a) What is their monthly payment? Answer = 5 b) What is the total interest paid? Answer - $ c) What is the equity after 5 years? Answer = $ I d) What is the equity after 15 years? Answer = $ Note: You can earn partial credit on this problem Preview My Answers Submit Answers Show me another

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