Question: please help I dont understand how to solve this You and your partner just bought a new house and qualified for a 20-year, $480,000 mortgage.
please help I dont understand how to solve this
You and your partner just bought a new house and qualified for a 20-year, $480,000 mortgage. The bank has offered you an interest rate of 4.2%. You can't decide on a payment frequency. Complete the following table to help you make a decision. Mortgage Payment Number of Payments per Year 12 24 26 52 Complete the table below. Number of Payments per Year 12 Mortgage Payment $ 24 $ 26 $ $ 52 (Round to the nearest cent as needed.)
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