Question

Your parents are buying a house for $180,000. They have a good credit rating, are making a 20% down payment, and expect to pay $1,500/month. The interest rate for the mortgage is 4%. What must their realized income be before each month and how much interest is accrued at the end of the second month?

Answer 1

http://www.jiskha.com/display.cgi?id=1366234162

Answer 2

if you answer on the link above please tell me on this

Answer 3

@Mertsj, @saifoo.khan, @jazy

Answer 4

@luis_rivera, @mathstudent55, @tomas.a, @electrokid, @terenzreignz, @animalain, @nubeer

Answer 5

@skullpatrol, @e.cociuba, @erdog82, @lazyboy, @evonhowell, @abc123!, @aftranklin12, @supercrazy92, @iluvreading, @zpupster, @takebackmath, @jim766, @churrity, @sean_le_van, @christos, @bostonblue, @heyheyhelpme, @sfb, @studentc14, @farmergirl411

Answer 6

I answered on the link.