Register
Ms. Morrison is purchasing a house and needs to finance a $150,000 mortgage from the bank with an annual percentage rate (APR) of 3.8%. She is financing it over 30 years and making monthly payments. What
170k views
3 votes
Ms. Morrison is purchasing a house and needs to finance a $150,000 mortgage from

the bank with an annual percentage rate (APR) of 3.8%. She is financing it over 30
years and making monthly payments. What is the monthly payment?

User Nick Redmark
by
3.1k points

1 Answer

3 votes
ms. morrison would have to pay $698.94 monthly for the next 30 years
User Prcvcc
by
2.8k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

3.3m questions

4.2m answers

Other Questions

A study was completed in Florida. In southern Florida, the study involved 3,000 patients; 54% of them experienced flulike symptoms during the same month. The study had a margin of error of 1.8%. What does
Can someone help me plz I have to Turn 27/9 in simplest
The sanchez family goes out for dinner, and the price of the meals is $60. The sales tax on the Meals is 7 percent, and they also want to leave a 15 percent tip. What is the total cost of the meal? Analyze
Simplify: 10 ÷ [(5 + 2) − 5]
WHAT IS 33 TIMES 5 TELL ME THE ANWER
Link Copied!