Mathematics, 29.04.2021 18:40 donmak3833

The Wells family is looking to purchase a home in a suburb of Rochester with a 30-year mortgage that has an annual interest rate of 3.6%. The house the family wants to
purchase is $152,500 and they will make a $15,250 down payment and borrow the
remainder. Use the formula below to determine their monthly payment, to the nearest
dollar.

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