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3 years ago

7

Abbey purchased a house using a fixed rate mortgage. The annual interest rate is 4.2% compounded monthly for 20 years. The mortg

age amount is $235,000. What is the monthly payment on the mortgage?

1 answer:

Butoxors [25]3 years ago

6 0

I GOT $9870.

4.2 % OF $235,000 IS $9870.

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Answer:

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Step-by-step explanation:

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mihalych1998 [28]

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Step-by-step explanation:

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Given <span>an investment of $2300, after 7 months, earning 6.6% APR, compounded monthly, the future value is given by
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4 years ago