Ricky took out a $268,000, 30-year mortgage at an APR of 6.34%. a. What is the monthly

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Ricky took out a $268,000, 30-year mortgage at an APR of 6.34%.
a. What is the monthly payment to the nearest cent?
b. What will be his total interest charges after 30 years, to the nearest thousand dollars?

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Financial Algebra advanced algebra with financial applications

ISBN: 978-0538449670

1st edition

Authors: Robert K. Gerver

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Question Posted: Apr 14, 2016 05:04 AM

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Ricky took out a $268,000, 30-year mortgage at an APR of 6.34%. a. What is the monthly

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Financial Algebra advanced algebra with financial applications

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