SOLUTION: Is it 841.09? I want to check my answer.
Type the correct answer in the box. Use numerals instead of words. Round your answer to the nearest cent.
Raquel obtained a 30-year,
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Question 1184976: Is it 841.09? I want to check my answer.
Type the correct answer in the box. Use numerals instead of words. Round your answer to the nearest cent.
Raquel obtained a 30-year, $185,000 mortgage at an annual interest rate of 3.6%, compounded monthly, to purchase her new home. Calculate her monthly payment on the loan.
The question is provided in the link here: https://i.imgur.com/QQZtwIn.png
Answer by ikleyn(52776) (Show Source): You can put this solution on YOUR website!
.
Why don't you substitute the given values into the given formula and calculate ?
Making calculations instead of you is not a tutors' job.
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