Spring 2007
Math 118
Exam 5
Due: Beginning
of class, on Thursday, April 19, 2006. No late
assignments will be accepted.
Format: Exam
5 is an essay, approximately 2 pages long, typed.
Assignment: Based on research online or in the library, write
an essay on one of the following topics listed below. Please indicate in your essay which topic you selected. When quoting someone else, be sure to
include the name of the author and the title of book or article you quote
from.
·
Include the
price
·
Use a
mortgage calculator (using internet) to determine what your cost would be with
a 5% down payment and a 30 year fixed mortgage.
·
List the
closing costs: points and down payment
·
List the
monthly costs: monthly mortgage
payment, and monthly tax payments