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Calculate the monthly payments for a home mortgage of $98,000 with a fixed APR of 6.25% for 30 years. A. $425.35 B. $561.46 C. $603.40 D. $716.31 Please show work! I believe I am doing it correctly, but
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Calculate the monthly payments for a home mortgage of $98,000 with a fixed APR of 6.25% for 30 years.

A. $425.35
B. $561.46
C. $603.40
D. $716.31
Please show work! I believe I am doing it correctly, but need opinions. Thank you!

User KIDdAe
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1 Answer

5 votes
The correct answer is c
User JOTN
by
5.8k points
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