Monthly Payment -
Ms. Moore 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 total amount
Ms. Moore will pay back to the bank?
to the nearest dollar)
a $501,796
b. $299,998
C
d
S251618
$150,001
Answers (2)
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