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31 January, 03:11

You missed a monthly payment on your mortgage. Your monthly payment is $1,278. Your mortgage holder places a 5%

penalty on all late monthly payments. What is your total penalty cost?

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Answers (2)
  1. 31 January, 05:36
    0
    Answer: $63.90

    Step by Step explanation:

    $1,278 + 5% = 63.90
  2. 31 January, 06:51
    0
    You missed a monthly payment on your mortgage. Your monthly payment is $1,278. Your mortgage holder places a 5% penalty on all late monthly payments. What is your total penalty cost?
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