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OpenStudy (anonymous):
Help anyone? Sofia has a 5.2% fixed rate 30-year mortgage in the amount of $350,000. The total cost of principal and interest is about $691,880. Which of the following is closest to Sofia’s monthly payment? $972 $1,167 $1,922 $2,306
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OpenStudy (anonymous):
@agent0smith
OpenStudy (anonymous):
@ganeshie8
OpenStudy (anonymous):
@princess12345
OpenStudy (anonymous):
so if she pays a total of $691,880 (ignoring the down payment), then we can say monthly payment = (Total Cost)/(Number of Payments) The answer is I got 1921.88
OpenStudy (anonymous):
I want a medal please <3
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OpenStudy (anonymous):
:)
OpenStudy (anonymous):
thank youuuu @princess12345
OpenStudy (anonymous):
You're Welcome <3
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