February 26, 2017

Homework Help: fianance

Posted by ananoumous on Sunday, March 14, 2010 at 10:50pm.

3. You decide to borrow $200,000 to build a new house. The bank charges an interest rate of 6% compounded monthly. If you pay the loan back over 30 years, what will your monthly payment be [rounded to the nearest dollar]?

Answer This Question

First Name:
School Subject:

Related Questions

More Related Questions