Calculate the monthly payment for a 15 year fixed loan 4.4% per year compounded monthly if you are borrowing $350,000.00 The loan is amortized. Round to nearest cent
What is the monthly payment on a 30 year amortized loan with a fixed interest rate of 4.5% per year compounded monthly with a purchase price of $325,000 and a down payment of 15%? Round your answer to the nearest cent
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Step-by-step explanation:
350000.00multiply15 is 5250.000
325,000multiply30 is 9750,000 +5250.000 is 9755250ans
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