Monday
December 22, 2014

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:
Answer:

Related Questions

uno - You decide to borrow $200,000 to build a new house. The bank charges an ...
finance - 3. You decide to borrow $200,000 to build a new house. The bank ...
finance - 3. You decide to borrow $200,000 to build a new house. The bank ...
math - The Sandersons are planning to refinance their home. The outstanding ...
math - The Sandersons are planning to refinance their home. The outstanding ...
Finite Math - The Sandersons are planning to refinance their home. The ...
Finance - You borrow $150,000 to purchase a new house. The bank offers you a ...
Mathematics of Finance - Richard borrowed 170000 dollars from his bank to help ...
math - you borrow $1200 from a bank that bank charges 9.5% simple annual ...
Math - Serena wants to borrow $15 000 and pay it back in 10 years. Interest ...

Search
Members