3 6 9 2 5 B The price of a home is 290 000 The bank requires

Last updated: 7/28/2023

3 6 9 2 5 B The price of a home is 290 000 The bank requires a 10 down payment at the time of closing The mortgage on the house is a 20 year fixed rate mortgage at 7 Use this information to find the amount of the monthly payment Round your answer to the nearest cent Use the formula below to solve the problem P Payment 1 2 248 2 2 124 3 2 012