Question: Answer completely with all steps shown including all formulas listing of variables and plugged in values for equations. 1. A 150,000 mortgage with monthly payments

Answer completely with all steps shown including all formulas listing of variables and plugged in values for equations.

1. A 150,000 mortgage with monthly payments is offered for 30 years at 4.75% APR with closing costs of $750 and 3 points. Find the following

a) Monthly payment

b) Total costs due at closing

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