document.write( "Question 608478: A property is for sale at $375,000. The required down payment is %5, and a mortgage is arranged for 20 years at a fixed interest rate of 3.75%. Calculate the monthly payments.\r
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document.write( "any help would be greatly appreciated. \n" );
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Algebra.Com's Answer #383289 by lynnlo(4176)![]() ![]() ![]() You can put this solution on YOUR website! house-$375,000.00 \n" ); document.write( " for 20 years which is(240 months)\r \n" ); document.write( "\n" ); document.write( "monthly payment $1,562.50\r \n" ); document.write( "\n" ); document.write( " $1,562.50x240 months =$375,000.00 \n" ); document.write( " |