2. You plan to borrow $250,000 mortgage loan to purchase a new house. The annual percentage rate (APR) is 2.25% per year
Posted: Sat Feb 26, 2022 9:11 am
2. You plan to borrow $250,000 mortgage loan to purchase a new
house. The annual percentage rate (APR) is 2.25% per year and you
borrow the money for 30 years. What will your monthly payment
be?
Multiple Choice
a. 1321.13
b. 725.15
c. 955.62
d. 1025.32
house. The annual percentage rate (APR) is 2.25% per year and you
borrow the money for 30 years. What will your monthly payment
be?
Multiple Choice
a. 1321.13
b. 725.15
c. 955.62
d. 1025.32