Andre recently closed the deal on the purchase of a home.  The price of the house is $130,000, Assuming he puts down 15%, the remaining amount will be finance at a fixed APR of 3.2% over 30 years.  Consider the following amortization schedule set up (Figure 2):   (Figure 2) In the schedule above, what should the value of B should be?   Question 4 options:   $183.21   $562.21   $3466.93   $2946.89   $477.88

Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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Andre recently closed the deal on the purchase of a home.  The price of the house is $130,000, Assuming he puts down 15%, the remaining amount will be finance at a fixed APR of 3.2% over 30 years.  Consider the following amortization schedule set up (Figure 2):

 

(Figure 2)

In the schedule above, what should the value of should be?

 

Question 4 options:

 

$183.21

 

$562.21

 

$3466.93

 

$2946.89

 

$477.88

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