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Leya [2.2K]
3 years ago
6

ANSWER QUICK WILL MARK BRAINLIEST

Mathematics
1 answer:
lakkis [162]3 years ago
5 0

Answer:

the monthly payment is $18,750

Step-by-step explanation:

The computation of the monthly payment is shown below:

= (Loan amount × given percentage) ÷ number of months in a year

= ($300,000 × 75%) ÷ 12 months

= $18,750

Hence, the monthly payment is $18,750

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