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Alexandra [31]
3 years ago
10

You have just been approved for a 30 year 5.5% fixed home mortgage. The monthly payment that you qualify for is $532.10.

Mathematics
2 answers:
stira [4]3 years ago
5 0
The monthly interest rate charge is $165.  The total principal payment you are making is $367.10+$165.00=$532.10
LiRa [457]3 years ago
4 0
Monthly charge is 165$
Total:532.16

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If you take the cos-1(2 sqrt(2)) your calculator should have a fit. Let's check that out. Mine certainly does. So there is something wrong with the question. If there is something to add in please do it and I will it least put an answer in the comments. As it stands, nothing will work. 

If you put your calculator in radians, you will get an answer but it will not be anything resembling the choices you've listed.

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