You plan to purchase a home mortgage for a home that costs $968851 with a 5% interest rate for 30 years. How much is the monthly payment for the mortgage with the interest? Round your answer to 2 decimal places.
You plan to purchase a home mortgage for a home that costs $968851 with a 5% interest rate for 30 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 16E
Question
You plan to purchase a home mortgage for a home that costs $968851 with a 5% interest rate for 30 years. How much is the monthly payment for the mortgage with the interest?
Round your answer to 2 decimal places.
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