• 2022-06-03
    An individual borrows $200000 to buy a house with a 30-year mortgage requiring payments to be made at the end of each month. The interest rate is 8 percent, compounded monthly. What is the monthly mortgage payment()
    A: $ 1480.46.
    B: $ 1467.53.
    C: $ 2142. 39.
  • B

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    • 0

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