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33 points A lender has quoted an interest rate of 7.0% per annum with monthly payments on a 75% loan for a property selling for

33 points\ A lender has quoted an interest rate of

7.0%

per annum with monthly payments on a

75%

loan for a property selling for

$300,000

. What is the interest payment month? Round your answer to the nearest

$100

.\ Type your answer...

image text in transcribed
A lender has quoted an interest rate of 7.0% per annum with monthly payments on a 75% loan for a property selling for $300,000. What is the interest paymen month? Round your answer to the nearest $100. Type your

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