Seven years ago, douglas purchased a $204,000 home with a 30-year
mortgage at 4.5%. having rece...
Mathematics, 09.12.2019 19:31 adlaremse2987
Seven years ago, douglas purchased a $204,000 home with a 30-year
mortgage at 4.5%. having recently lost his job, he can no longer afford to
make his mortgage payments. if he currently owes $177,533.62 and his
lender offered to extend the loan by 7 years at 4.25%, what will be his new
mortgage payment?
Answers: 2
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