Question: Problem 1 7 Intro You took out a mortgage for $ 5 0 0 , 0 0 0 . You need to pay $ 3

Problem 17
Intro
You took out a mortgage for $500,000. You need to pay $3,599 every month for 15 years.
Attempt 23 for 10 pts.
Part 1
What is the monthly interest rate? Enter your answer in decimal format.
Problem 1 7 Intro You took out a mortgage for $ 5

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