Question: A couple buys a $260000 home, making a down payment of 25%. The couple finances the purchase with a 15 year mortgage at an

A couple buys a $260000 home, making a down payment of 25%. The couple finances the purchase with a 15 year mortgage at an annual rate of 3.67%. Find the monthly payment. $ per month. If the couple decides to increase their monthly payment to $1600, find the number of payments. payments (give 2 decimal places) which we would round up to total payments.

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