Alicia’s Clothing Goods just borrowed $2,350,000 to build a new shop. The mortgage calls for equal monthly payments at t
Posted: Fri Mar 04, 2022 9:42 am
Alicia’s Clothing Goods just borrowed $2,350,000 to build a new
shop. The mortgage calls for equal monthly payments at the end of
each month. The loan is for 30 years at an APR of 7.25
percent. What is Alicia’s monthly payment?
$18,201.09
$18,525.00
$16,031.14
$20,887.78
$23,118.06
shop. The mortgage calls for equal monthly payments at the end of
each month. The loan is for 30 years at an APR of 7.25
percent. What is Alicia’s monthly payment?
$18,201.09
$18,525.00
$16,031.14
$20,887.78
$23,118.06