Question: need some help with this homework problem, will upvote, thanks! Oliver purchases a house and gets a 20-year mortgage for $180.000 at 5.25% APR. In

need some help with this homework problem, will upvote, thanks!

Oliver purchases a house and gets a 20-year mortgage for $180.000 at 5.25% APR. In addition to the monthly payment, the lender requires him to pay into an escrow account for the homeowners insurance and property tax. His homeowners insurance is $1400 per year and the property tax is $1500 per year, Determine the monthly payment to the lender that includes the insurance and property tax. Round your answer to the nearest cent

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