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Finanic

18/03/2021 Client: saad24vbs Deadline: 2 Day

Finance

1. Determine how much you will make in take home pay when you get a job in your chosen field( teacher). (Your take home will be approximately 2/3 of your actual salary.)

2. Find the house you are interested in buying (it must be on the market at this time.) You must have a picture of the house, a description of the house and property, and the asking price of the property.

3. State the items that you like and dislike about the house or property.

4. Find your monthly payments if you pay 20% down and take out a mortgage for

30 years at 5.6%. Find the total amount you will have paid the bank at the end of the 30 years.

5. Find your monthly payments if you pay 20% down and take out a mortgage for

15 years at 5.6%. Find the total amount you will have paid the bank at the end of the 15 years.

6. Find your monthly payments if you pay 10% down and take out a mortgage for

30 years at 5.6%. Find the total amount you will have paid the bank at the end of the 30 years.

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