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3 years ago

7

Raquel obtained a 30-year, $185,000 mortgage at an annual interest rate of 3.6%, compounded monthly, to purchase her new home. C

alculate her monthly payment on the loan. FV = PV Sn = Her monthly payment will be $

2 answers:

goldfiish [28.3K]3 years ago

7 0

Answer:$84.11

Step-by-step explanation:

Lyrx [107]3 years ago

5 0

Answer:

841.09

Step-by-step explanation: Correct on Plato

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2 years ago

Read 2 more answers

Barbara can pay either $80 per month or one lump sum of $800 per year for car insurance. How much does she save yearly if she ch

Schach [20]

Answer:

$160

Step-by-step explanation:

In the monthly payment option she would pay $80 per month, therefore in a year (12 months) she would pay:

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