apascascio5958 apascascio5958
  • 03-05-2022
  • Business
contestada

A buyer has a 30 year, $750,000 loan with a 5. 75% interest rate. How much is the first monthly payment?

Respuesta :

megkpeg megkpeg
  • 03-05-2022
Answer: $3,593.75
Explanation: Multiply the principal balance by the interest rate: $750,000 x . 0575 = $43,125;. Then find the monthly rate by dividing $43,125 by 12 to get $3,593.75.
Answer Link

Otras preguntas

N inductor has a peak current of 330 μa when the peak voltage at 44 mhz is 2. 8 v
Help please and thank you.
A sales message that says customers who purchase a specific product will save money and time is using ________ benefits as a persuasive tool. Multiple Choice pr
which tides are the highest?
What is the entropy change if one mol of water is warmed from 0 c to 100 c
3l of ice cream is 10$ 4l of ice cream is 12% which is the better choice​
What responsibilities does a multi corporation have when they open a new factory in another country
On December 31, 2021, Sandhill Co. had 1,255,000 shares of $7 par common stock issued and outstanding. At December 31, 2021, stockholders’ equity had the amount
Why should the items listed in a will be described as clearly as possible?
Part of the population of 7,500 elk at a wildlife preserve is infected with a parasite. A random sample of 50 elk shows that 3 of them are infected. How many el