You plan to purchase a home mortgage for a home that costs $1,329,731 with a 4% interest rate for 40 years. How much is the monthly payment for the mortgage with the interest. Round your answer to 2 decimal places.

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.7: Simple And Compound Interest
Problem 15E
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You plan to purchase a home mortgage for a home that costs $1,329,731 with a 4% interest rate for 40 years. How much is the monthly payment for the mortgage with the interest. Round your answer to 2 decimal places.

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