how much is monthly payment for a house buying on 30 years payment plan for borrowing money $285,000 at 5 percent interest rate. Show calculations.
how much is monthly payment for a house
=285000/((1-(1+(5%/12))^(-30*12))/(5%/12))
=1529.94
the above will be the answer..
how much is monthly payment for a house buying on 30 years payment plan for borrowing...