document.write( "Question 464148: How do I find the monthly payment on a 15-year mortgage of $100,000with an annual interest rate of 6%?
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Algebra.Com's Answer #317971 by rfer(16322)![]() ![]() ![]() You can put this solution on YOUR website! R=(100000*0.005)/(1-(1+0.005)^-180) \n" ); document.write( "R=500/(1-0.407482) \n" ); document.write( "R=500/0.592518 \n" ); document.write( "R=843.86 \n" ); document.write( " |