The price of a home is 120 000 The bank requires a 10 d

Last updated: 12/4/2023

The price of a home is 120 000 The bank requires a 10 d payment at the time of closing The mortgage on the house is 30 year fixed rate mortgage at 4 Use this information to fin the amount of the monthly payment Round your answer to th nearest cent Use the formula below to solve the problem PMT 810 55 418 97 710 89 P 1 1 x nxt