Ricky took out a $268,000, 30-year mortgage at an APR of 4.34%. a. What is the monthly

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Ricky took out a $268,000, 30-year mortgage at an APR of 4.34%.
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: 9781337271790

2nd Edition

Authors: Robert Gerver, Richard J. Sgroi

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Question Posted: Sep 19, 2022 03:23 AM

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Ricky took out a $268,000, 30-year mortgage at an APR of 4.34%. a. What is the monthly

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Given P 268000 t 30 APR 00434 m 12 Solutio...View the full answer

Financial Algebra Advanced Algebra With Financial Applications

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