What is the monthly payment on a 30-year mortgage of $60,000 at 7% interest? (Round your...

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Question

What is the monthly payment on a 30-year mortgage of $60,000 at 7% interest? (Round your answer to the nearest cent.) $ What

business finance

Answer 1

Answer #1

Answer:

You will need to pay $399.18 every month for 30 years to payoff the debt.

Answer 2

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