Question: Answer both questions please :) What is the monthly payment on a 20-year fixed-rate mortgage if the original balance is $260,000 and the rate is

Answer both questions please :)

What is the monthly payment on a 20-year fixed-rate mortgage if the original balance is $260,000 and the rate is 4.35 percent?

Note: Do not round intermediate calculations. Round your answer to 2 decimal places.

What is the monthly payment on a 20-year fixed-rate mortgage if the original balance is $260,000 and the rate is 4.35 percent?

Note: Do not round intermediate calculations. Round your answer to 2 decimal places.

Problem 21-1 Mortgage Payments (LO1, CFA1) What is the monthly payment on a 20 -year fixed-rate mortgage if the original balance is $260,000 and the rate is 4.35 percent? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. If a mortgage has monthly payments of $1,285, a life of 30 years, and a rate of 4.35 percent per year, what is the mortgage amount? Note: Do not round intermediate calculations. Round your answer to 2 decimal places

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