Question 11 1 pts You are excited to buy your first house. Based on your credit history, the bank is willing to lend you

[answerhappygod]

Question 11 1 Pts You Are Excited To Buy Your First House Based On Your Credit History The Bank Is Willing To Lend You 1 (39.21 KiB) Viewed 37 times

Question 11 1 Pts You Are Excited To Buy Your First House Based On Your Credit History The Bank Is Willing To Lend You 2 (39.07 KiB) Viewed 37 times

Question 11 1 Pts You Are Excited To Buy Your First House Based On Your Credit History The Bank Is Willing To Lend You 3 (40.36 KiB) Viewed 37 times

Question 11 1 pts You are excited to buy your first house. Based on your credit history, the bank is willing to lend you money at 6 percent interest compounded monthly. You can afford monthly payments of $822. How much can you afford to borrow? Assume the mortgage is for 16 years.

Question 12 1 pts You currently have $20000 in a bank account that pays you 5 percent 5 interest annually. You plan to deposit $800 (starting 1 year from now) every year for the next 10 years in the same account. How much are you going to have in that account at the end of 10 years?

Question 13 1 pts You currently have $20000 in a bank account that pays you 5 percent interest annually. You plan to withdraw $800 (starting 1 year from now) every year for the next 10 years in the same account. How much are you going to have in that account at the end of 10 years?