damaris2195 damaris2195
  • 06-11-2016
  • Mathematics
contestada

Amanda Chin purchased a home for $296,000; she put 20% down with a mortgage rate of 6% for 30 years. What is Amanda's monthly payment?

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Mrscleverclogs
Mrscleverclogs Mrscleverclogs
  • 06-11-2016
20percent of 296000 is 59200 x 0.06 is 3552 therefore the answer is 3552 a month
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