Ummmhii Ummmhii
  • 15-02-2024
  • Mathematics
contestada

Linda wants to purchase a Leisure Heights condominium. She will borrow $100,000 from the Duchess Savings Bank. The bank is presently offering a 30-year fixed-rate mortgage with an APR of 4.1%. Her monthly maintenance fee will be $310.
a. What is the monthly mortgage payment to the nearest cent?

b. What will be her combined monthly payment?

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