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OpenStudy (anonymous):
A bank offers a 25-year mortgage at 10.5% for a monthly mortgage payment of $9.44 per $1,000 borrowed. What is the monthly mortgage payment on a mortgage of $25,500? $340.72 $240.72 $240.62
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OpenStudy (ivettef365):
first divide 25500 / 1000 then multiply by 9.44
OpenStudy (anonymous):
240.72?
OpenStudy (ivettef365):
that is what I got
OpenStudy (anonymous):
Thank you!
OpenStudy (ivettef365):
yw :)
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