Question 1185026: 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(52903)   (Show Source):
You can put this solution on YOUR website! .
I just reacted once on this post, see the link
https://www.algebra.com/algebra/homework/word/finance/Money_Word_Problems.faq.question.1184976.html
but it looks like you decided to ignore it . . .
OK, I will repeat it again:
Why don't you substitute the given values into the given formula and calculate ?
Making calculations instead of you is not a tutors' job.
It seems to me that you invented a new method of making your job:
it is to reload it to the shoulders of the tutors.
Am I right ?
If so, then be hurry to patent this invention . . .
Until other visitors did take it into service . . .
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