A home buyer buys a house for $2,155,000. She pays 20% cash, and takes a fixed- rate mortgage for ten years at 7.70% APR
Posted: Sat Jul 02, 2022 10:22 pm
A home buyer buys a house for $2,155,000. She pays 20% cash, and takes a fixed- rate mortgage for ten years at 7.70% APR for the remaining. If she makes biweekly payments for the mortgage, what is the amount of each of her payment? $9,106 $11,897 $10,883 $8,706 $9,517