Question

Which of the following sections of code will calculate the monthly payment for a $150,000 house with a 30 year mortgage at an annual rate of 5.5%, and assign the result to dblMPay?

Answer 1

dblMPay = Pmt(dblAIntRate / 12, intYears * 12, -dblLoanAmt)

Step-by-step explanation:

Dim dblAIntRate as Double = 5.5%

Dim dblLoanAmt as Double = 150,000

Dim intYears as Integer = 30

Dim dblMPay as Double

dblMPay = Pmt(dblAIntRate / 12, intYears * 12, -dblLoanAmt)