rickyhaymon rickyhaymon
  • 22-01-2024
  • Mathematics
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Daniel and Jan agreed to pay $553,000 for a four-bedroom colonial home in Waltham, Massachusetts, with a $70,000 down payment. They have a 30-year mortgage at a fixed rate of 6.00%. (Use Table 15.1)

a. How much is their monthly payment? (Do not round intermediate calculations. Round your answer to the nearest dollar amount.)

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