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i want answer the assignment in finanic there is 6 Q all detiles in the attachment also .

 

Finance

 

1.Determinehow muchyouwill makein takehomepaywhenyougetajobin your chosenfield( teacher). (Your takehomewill beapproximately 2/3of youractual salary.)

 

2.Findthe houseyouareinterestedin buying(it mustbeonthe marketatthis time.)Youmust havea pictureof the house,a descriptionof the houseand property,andthe asking priceof the property.

 

3.Statetheitems thatyoulikeand dislikeaboutthe houseor property.

 

4.Findyour monthly paymentsif you pay20%downandtakeouta mortgagefor

30years at5.6%. Findthe totalamountyouwill have paidthe bankattheendof the30years.

 

5.Findyour monthly paymentsif you pay20%downandtakeouta mortgagefor

15years at5.6%. Findthe totalamountyouwill have paidthe bankattheendof the15years.

 

6.Findyour monthly paymentsifyou pay10% downandtakeouta mortgagefor

 

30years at5.6%. Findthe totalamountyouwill have paidthe bankattheendof the30years.

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