Calculate the monthly payments of a 30-year fixed-rate mortgage at 7.00 percent for $165,200. How...
80.2K
Verified Solution
Link Copied!
Question
Finance
Calculate the monthly payments of a 30-year fixed-rate mortgage at 7.00 percent for $165,200. How much interest is paid over the life of the loan?
Calculate the monthly payments of a 30 -year fixed-rate mortgage at 7.00 percent for $165,200. How much interest is paid over the life of the loan? Click on the table icon to view the Monthly Installment Loan Payment Factor (MILPF) table: The monthly payments of a 30-year fixed-rate mortgage at 7.00% for $165,200 is $. (Round to the nearest cent.) Data table
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!