Posted by **Anonymous** on Friday, June 17, 2011 at 1:40am.

what Is the unpaid balance of this loan at the end of the 10th year if you are buying the home for $250,000 with a Interest rate of 6%?

- Algebra -
**Levi**, Friday, June 17, 2011 at 2:11am
yr 1> $265,000

yr 2> $280,900

yr 3> $297,754

yr 4> $315,619

yr 5> $334,556

yr 6> $354,630

yr 7> $375,908

yr 8> $398,462

yr 9> $422,370

yr 10> total %447,711.92 or $447,712

## Answer This Question

## Related Questions

- Algebra - You have just graduated from college and landed your first big job. ...
- algebra - You have just graduated from college and landed your first big job. ...
- ALGEBRA - Part III: Mathematics of Finance You have just graduated from college ...
- math - You have just graduated from college and landed your first big job. You ...
- math - You have just graduated from college and landed your first big job. You ...
- algebra - my scenario, to start a small business you will need a loan of $50.000...
- math - unpaid balance at the end of the 10th year? loan amount of 250,000
- Algebra - You find that a small business loan in the amount of 50,000 is the ...
- Algebra - You find that a small business loan in the amount of 50,000 is the ...
- CTU - Part IV: You find that a small business loan in the amount of 50,000 is ...

More Related Questions