Mathematics, 24.05.2021 01:00 manco6

The cost to purchase the house the Bainters are considering is $195,000, but the Bainters plan to make a $40,000 down payment. The Bainters have been approved for a fixed-rate, 30-year mortgage with a 4.2% annual interest rate for the remaining costs. What is the correct equation to determine the monthly payments of the loan?

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The cost to purchase the house the Bainters are considering is $195,000, but the Bainters plan to ma...

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