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OpenStudy (anonymous):
Julie and Brian are financing $245,000 to purchase a house. They obtained a 30/5 balloon mortgage at 5.25%. What will their balloon payment be?
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OpenStudy (anonymous):
$223,884.91 $226,753.98 $229,679.66 $234,068.73
OpenStudy (anonymous):
@ganeshie8
OpenStudy (anonymous):
@Abhisar
OpenStudy (anonymous):
@iambatman
OpenStudy (anonymous):
can someone please help me???
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OpenStudy (tkhunny):
You must have enough background to translate the problem statement. Tell me what you think "30/5" means.
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