jamal is thinking of buying a macbook pro for $1700 and can get financing from apple for 6 years at 13%. find (a) his monthly payments, (b) the total amount paid on the loan, (c) the finance charge.

Melissa is purchasing a $160,000 home and her bank is offering her a 30-year mortgage at a 4.9% interest rate. in order to lower her monthly payment, melissa will make a 20% down payment and will purchase 3 points. what will her monthly mortgage payment be? a. $645.98 b. $650.46 c. $662.93 d. $606.69