SOLUTION: Richard Miyashiro purchased a condominium and obtained a 30-year loan of $191,000 at an annual interest rate of 8.35%. (Round your answers to the nearest cent.)
(a) What is the mo
Algebra ->
Finance
-> SOLUTION: Richard Miyashiro purchased a condominium and obtained a 30-year loan of $191,000 at an annual interest rate of 8.35%. (Round your answers to the nearest cent.)
(a) What is the mo
Log On
Question 1146767: Richard Miyashiro purchased a condominium and obtained a 30-year loan of $191,000 at an annual interest rate of 8.35%. (Round your answers to the nearest cent.)
(a) What is the mortgage payment?
(b) What is the total of the payments over the life of the loan?
(c) Find the amount of interest paid on the mortgage loan over the 30 years.
You can put this solution on YOUR website! Richard Miyashiro purchased a condominium and obtained a 30-year loan of $191,000 at an annual interest rate of 8.35%. (Round your answers to the nearest cent.)
(a) What is the mortgage payment?
(b) What is the total of the payments over the life of the loan?
(c) Find the amount of interest paid on the mortgage loan over the 30 years.
