English, 29.04.2021 01:40 starreee

Question 9.lvan is looking to purchase a home that costs $ 160,000. The interest rate is currently at 3.7 %. Use the monthly payment formula below
to find Ivan's monthly mortgage payment for the next 30 years. *
M =
PG2(1+12) 120
(1+120-1
A. $ 736.45
B. $ 49,333.33
O C. $ 4.933.33
O D. $ 937.78

Answers: 3

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