Mathematics, 29.06.2019 22:50 lollyg96p4izi4
Leila is considering buying her first home. the house she is interested in buying is priced at $125,000. leila can put down a $20,000 payment, and she qualifies for a 30-year mortgage at 6%. what will her monthly mortgage payment be?
Answers: 1
![pmt=\frac{\frac{r}{n}[P(1+\frac{r}{n})^{tn}]}{(1+\frac{r}{n})^{tn}-1}](/tpl/images/0032/6460/501cb.png)
, where 
![pmt=\frac{0.005[105000(1.005)^{360}]}{(1.005)^{360}-1} =629.528](/tpl/images/0032/6460/c1823.png)
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Leila is considering buying her first home. the house she is interested in buying is priced at $125,...
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