Problem Set 2 part 2 (Please Show work ) 1
Problem Set 2 part 2 (Please Show work )
19)A house sells for $139,000 and a 45% down payment is made. A 30-yearmortgage at 8% was obtained.
(i)Find the down payment.
(ii)Find the amount of the mortgage.
(iii)Find the monthly payment.
(iv)Find the total interest paid