The bank requires that the Dotkoms pay their homeowner's insurance, property taxes, and mortgage in one monthly payment to the bank. If their monthly mortgage payment is $1,711.22, their semi-annual property tax bill is $3,239, and their annual homeowner's insurance bill is $980, how much do they pay the bank each month?

SWFT Comprehensive Volume 2019
42nd Edition
ISBN:9780357233306
Author:Maloney
Publisher:Maloney
Chapter4: Gross Income: Concepts And Inclusions
Section: Chapter Questions
Problem 21CE
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s of H and M.
3. The bank requires that the Dotkoms pay their homeowner's insurance, property taxes,
and mortgage in one monthly payment to the bank. If their monthly mortgage payment
is $1,711.22, their semi-annual property tax bill is $3,239, and their annual homeowner's
insurance bill is $980, how much do they pay the bank each month?
Transcribed Image Text:s of H and M. 3. The bank requires that the Dotkoms pay their homeowner's insurance, property taxes, and mortgage in one monthly payment to the bank. If their monthly mortgage payment is $1,711.22, their semi-annual property tax bill is $3,239, and their annual homeowner's insurance bill is $980, how much do they pay the bank each month?
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