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, $1
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Type the correct answer in the box. Use numerals instead of words. Round your answer to the nearest cent
Raquel obtained a 30-year, $1
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Question 1185141: 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 MathLover1(20849) (Show Source):