(Answered) You have decided to buy a new house with a garage to park

Economics

You have decided to buy a new house with a garage to park your car. The house costs $210,000 but you will make a down payment of $15,0000, and will finance it at 4.5% for 15 years.

a. How much is your monthly payment?

b. Need an amortization schedule using Excel. Print the first two years and the final two years.

c. Determine the total amount you would pay for the house and the total amount of interest paid.

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Business Economics, Economics

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