Register
xemena made a $7,000 down payment towards the purchase of a new house. her monthly payments are $1,467.23 for 360 months at 5.75% per year compounded monthly. what is the purchase price of the home?
81.6k views
1 vote
xemena made a $7,000 down payment towards the purchase of a new house. her monthly payments are $1,467.23 for 360 months at 5.75% per year compounded monthly. what is the purchase price of the home?

User Akshara
by
8.5k points

1 Answer

2 votes

Answer:

258437.33

Step-by-step explanation:

User Avdhesh Parashar
by
7.3k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

8.8m questions

11.4m answers

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is meant by data mining ?
What is the best way to describe a stock market?
Link Copied!