Angelina is buying a home for $208,000. She has a $37,000 down payment and the bank b offered her a 30-year fixed rate mortgage at 4.28%. What will be Angelina's monthly mort- payment? Round your answer to two decimal places.

Angelina is buying a home for $208,000. She has a $37,000 down payment and the bank b offered her a 30-year fixed rate mortgage at 4.28%. What will be Angelina's monthly mort- payment? Round your answer to two decimal places.

EBK CFIN

6th Edition

ISBN:9781337671743

Author:BESLEY

Publisher:BESLEY

Chapter4: Time Value Of Money

Section: Chapter Questions

Problem 24PROB

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Angelina is buying a home for $208,000. She has a $37,000 down payment and the bank has
offered her a 30-year fixed rate mortgage at 4.28%. What will be Angelina's monthly mortgage
payment?
Round your answer to two decimal places.

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