Mathematics, 02.12.2020 02:30 zleigreen

You agree to purchase a home for $240,000 and decide to make a 20% down payment on the home. You finance the rest of the home payment with a 15 year fixed rate mortgage with an annual interest rate of 5.00%. Assuming that you make regular monthly payments, determine your regular monthly payment amount. Provide just a numerical answer rounded to the nearest cent.

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You agree to purchase a home for $240,000 and decide to make a 20% down payment on the home. You fin...

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