Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and the Yahoo Answers website is now in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.

? asked in Science & MathematicsMathematics · 2 years ago

math help!!!!1?

Update:

Vanna has just financed the purchase of a home for $200 000. She agreed to repay the loan by making equal monthly blended payments of $3000 each at 4%/a, compounded monthly.

a. ow much would Vanna have saved if she had obtained a loan 3%/a, compounded monthly?

b.Write a concluding statement about the importance of interest rates and down payments when taking out loans.

Update 2:

a. How much would Vanna have saved if she had obtained a loan 3%/a, compounded monthly?

1 Answer

Relevance
  • 2 years ago

    Hey, I'm an 8th grader in advanced math and I may be able to help you.

Still have questions? Get your answers by asking now.