Question:
What is the monthly payment on a 30-year mortgage of
Last updated: 7/31/2022
![What is the monthly payment on a 30-year mortgage of](https://media.kunduz.com/media/sug-question/raw/82160958-1659308594.5678618.jpeg?h=512)
What is the monthly payment on a 30-year mortgage of $200,000 at 8% interest per year, compounded monthly? (Round your answer to the nearest cent.) $ _______ What is the total amount paid on this loan over the 30-year period? (Round your answer to the nearest cent.) $ _______