Coles Chambers
01/24/2023 · Junior High School
Jenelle bought a home for \( \$ 180,000 \), paying \( 22 \% \) as a down payment, and financing the rest at \( 5.8 \% \) intere for 30 years. Round your answers to the nearest cent. How much money did Jenelle pay as a down payment? \$ 39,600 What was the original amount financed? \( \$ 140,400 \) What is her monthly payment? \$ If Jenelle makes these payments every month for thirty years, determine the total amount of money she will spend on this home. Include the down payment in your answer. \$
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Monthly payment: \$819.36
Total amount spent on the home: \$335,361.60
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