A loan used for buying a home is called a mortgage. The Fortunato family is borrowing $430,000 to buy a home. They are taking ou

Question

2 years ago

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A loan used for buying a home is called a mortgage. The Fortunato family is borrowing $430,000 to buy a home. They are taking ou

t a 30-year mortgage at a rate of 3.55%. a. Compute the monthly payment to the nearest cent. fill in the blank 1 b. Find the total of all of the monthly payments for 30 years. fill in the blank 2 c. What is the total interest? fill in the blank 3 d. Which is greater, the interest or the original cost of the home?

Mathematics

1 answer:

garri49 [273] · Answer 1 · 2022-07-23T04:01:30+03:00

garri49 [273]2 years ago

3 0

Answer:

1,942.91

Step-by-step explanation: