Question: Word Problem 1 5 - 9 ( Algo ) [ LU 1 5 - 1 ( 3 ) ] CNOC com reported mortgage applications increased

Word Problem 15-9(Algo)[LU 15-1(3)]
CNOC com reported mortgage applications increased 9.9% due to a decrease in the rate on 30-year flaed-rate montgages. Joe Sisneros wants to purchase a vacation home for $335,000 with 20% down. Calculate his monthly payment for a 20-year mortgage at 3.5 K . Caiculme total interest (Use Iable 15.5)
Moter Round your lintermediale calculations and final answers to the nearest cent.
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Word Problem 1 5 - 9 ( Algo ) [ LU 1 5 - 1 ( 3 )

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