Mathematics, 09.06.2020 07:57 jtingley0502
Type the correct answer in the box. Use numerals instead of words. Round your answer to the nearest cent.
Ramona has been approved for a 20-year, $200,000 mortgage at an annual interest rate of 3.7% compounded monthly.
Calculate the monthly payment on the loan.
FV=pul1 +5)
P[(1 + i)11 - 1
Sn=
The monthly payment on the loan is
Answers: 2
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