WILL FAN AND MEDAL!!!!!

Marcie has a 30 year adjustable rate mortgage with a fixed rate mortgage for the first 5 years. In the 6th year, the interest rate rises to 4.9%. The remaining balance at the end of the 5th years is $317,783.30. What is the monthly payment in the 6th year?
A. $1,686.56
B. $1,059.26
C. $1,878.56
D. $1,839.26

Question

WILL FAN AND MEDAL!!!!!

Marcie has a 30 year adjustable rate mortgage with a fixed rate mortgage for the first 5 years. In the 6th year, the interest rate rises to 4.9%. The remaining balance at the end of the 5th years is $317,783.30. What is the monthly payment in the 6th year?
A. $1,686.56
B. $1,059.26
C. $1,878.56
D. $1,839.26

anonymous · Answer

the answer is >>> $1,686.56 :) hope i helped!

anonymous · Answer

Thank you so much is there a chance you can help me with more @wolfd.andi

anonymous · Answer

maybe im surprised I calculated that! I'm only in the seventh grade, i'll try! :)

anonymous · Answer

Oh gosh lol im in 11th grade

anonymous · Answer

lol

anonymous · Answer

I will medal you for each one you help me with even if you cant help