shaniawiley15 shaniawiley15
  • 15-03-2021
  • Mathematics
contestada

suppose you buy 158,000 home. you found out the bank offers 30 year loan at 6.5% APR. What will he your monthly payment

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michelleharmonlawson
michelleharmonlawson michelleharmonlawson
  • 15-03-2021

Answer: $998.67

Step-by-step explanation:

M = P[r(1+r)^n/((1+r)^n)-1)]

This does not include taxes, insurance, or PMI

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