Mathematics: Daphne purchased a home for $296,000. she put 20% down with a mortgage rate of 6% for 30 years. what s daphne s monthly payment?

Daphne purchased a home for $296,000. she put 20% - id296000201538243, dogsrdabest

Ответ:

madmatt873

15.03.2022

A = P*i/(1 -(1 +i)^-n)
where A is the payment, P is the financed amount, i is the periodic interest rate, and n is the number of periods.

A = (0.8*296000)*.005/(1 -(1.005)^-360) = 1419.74

Daphne's monthly loan payment will be $1419.74.

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Ответ:

cloudFF

29.08.2020

Mathematics

Yes if you use the pythorean theroem a^2+b^2=c^2 it forms a right triangle with 5 as its hythonuse

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Daphne purchased a home for $296,000. she put 20% down with a mortgage rate of 6% for 30 years. what's daphne's monthly payment?

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