Question: Please helP solve it ia bought a house for $ 3 0 0 , 0 0 0 with an installment loan for 3 0 years

Please helP solve it
ia bought a house for $300,000 with an installment loan for 30 years (360 monthly payments). Nominal interest rate per year is 4%. How moch should she pry per month?
\table[[m],[Nper or N
Please helP solve it ia bought a house for $ 3 0

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!