Question: A couple buys a $150000 home, making a down payment of 19%. The couple finances the purchase with a 15 year mortgage at an annual
A couple buys a $150000 home, making a down payment of 19%. The couple finances the purchase with a 15 year mortgage at an annual rate of 3.68%. Find the monthly payment ?
If the couple decides to increase the monthly payment to $900, find the number of payments. ?
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