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Alexxandr [17]
3 years ago
13

PLEASE HELP You have just applied, and have been approved for a $175,000 mortgage. The rate quoted to you by the lender is 5.5%

for a 30 year fixed mortgage. Use the provided table to determine how much of your first month’s payment goes towards the principal.
a.
$191.92
c.
$187.32
b.
$190.23
d.
$184.88
Mathematics
2 answers:
LekaFEV [45]3 years ago
8 0
<span>You have just applied, and have been approved for a $175,000 mortgage. The rate quoted to you by the lender is 5.5% for a 30 year fixed mortgage. Use the provided table to determine how much of your first month’s payment goes towards the principal.  </span>The answer will be a. $359.21
Bumek [7]3 years ago
5 0
The answer is a.............
 
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