Solve the problem.The Henderson's borrow $407,000 to purchase a new home. They finance the amount through a 30 -yr mortgage at an annual interest rate of 5.6%, compounded monthly. Find the Henderson's monthly mortgage payment.
A. $14,570.06
B. $1899.33
C. $2336.50
D. $3957.24
Answer: C
Mathematics
You might also like to view...
Solve the equation.(4m - 1)2 - 10(4m - 1) + 21 = 0
A. - 2, - 1
B. 6, 
C. - 
, - 
D. 2, 1
Mathematics
Solve the problem.The population of a town was 30,800 at the beginning of 1970. If the population decreased 300 people per year, how many people lived in the town at the beginning of 1985?
A. 4500 B. 26,600 C. 26,000 D. 26,300
Mathematics
Simplify: 2 (11c – 4)
A) 20c + 8 B) 13c – 8 C) 20c – 2 D) 13c – 2 E) 22c – 8
Mathematics
Evaluate the expression with the given replacement values.x2; x = -3
A. 9 B. -6 C. -9 D. 6
Mathematics