46. (-/0.09 Points) DETAILS HARMATHAP12 6.5.025.EP. MY NOTES A couple who borrow $80,000 for 30 years at 6%, compounded
Posted: Tue Nov 16, 2021 7:02 am
46. (-/0.09 Points) DETAILS HARMATHAP12 6.5.025.EP. MY NOTES A couple who borrow $80,000 for 30 years at 6%, compounded monthly, must make monthly payments of $479.64. (a) Find their unpaid balance after 1 year. (Round your answers to the nearest cent.) (b) During that first year, how much do they pay towards the principle? (Round your answer to the nearest cent) $ During that first year, what are their total payments? (Round your answer to the nearest cont.) 5 During that first year, how much interest do they pay? (Round your answer to the nearest cent.) $ Need Help?