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1.What is the total interest you will have paid for the scenario below? The home you purchased was sold for $141,000 with a fixed APR of 1.035% across 40 years. The down payment…

1.What is the total interest you will have paid for the scenario below? The home you purchased was sold for $141,000 with a fixed APR of 1.035% across 40 years. The down payment…
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1.What is the total interest you will have paid for the scenario below?

The home you purchased was sold for $141,000 with a fixed APR of 1.035% across 40 years. The down payment required was 6.0%.
help what is it

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User Argus Malware
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2 Answers

4 votes
6% of 141,000 is $8460. Subtract 8460 from 141,000= 132,540. Interest=principal x rate x time. 132,540 x 0.01035 x 40 = $54,871.56
answered
User Xialvjun
by
8.4k points
2 votes

Answer:

la respuesta que buscas es bastante simple pero no lo sé

Explanation:

answered
User Marko Lahma
by
8.1k points
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