Mathematics, 23.03.2021 20:20 oakleylynn

The Hicks family bought a two bedroom house for $315,000. They put $20,000 down and took out a 30-year mortgage for the remaining balance at 7% annual interest rate,
compounded monthly
What would their monthly payment be?

Answers: 1

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The Hicks family bought a two bedroom house for $315,000. They put $20,000 down and took out a 30-y...

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More questions: Mathematics Another questions

The Hicks family bought a two bedroom house for $315,000. They put $20,000 down and took out a 30-year mortgage for the remaining balance at 7% annual interest rate, compounded monthly What would their monthly payment be?

Answers

Another question on Mathematics

The Hicks family bought a two bedroom house for $315,000. They put $20,000 down and took out a 30-year mortgage for the remaining balance at 7% annual interest rate,
compounded monthly
What would their monthly payment be?