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Brums [2.3K]
2 years ago
15

A buyer has a 30 year, $750,000 loan with a 5. 75% interest rate. How much is the first monthly payment?

Business
1 answer:
Harrizon [31]2 years ago
3 0
Answer: $3,593.75
Explanation: Multiply the principal balance by the interest rate: $750,000 x . 0575 = $43,125;. Then find the monthly rate by dividing $43,125 by 12 to get $3,593.75.
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Answer:

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Answer:

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The same should be considered and relevant

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3 years ago
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Answer: See Explanation

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Total Time for processing will be:

= 12 + (4 × 13)

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Method 2

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Total Time for processing will be:

= 5 + (4 × 13)

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3 0
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