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A Fox wants to buy a Cunning House and will need to borrow $25,500. The interest rate on the loan is 5.6% compounded MONTHLY and

A Fox wants to buy a Cunning House and will need to borrow $25,500. The interest rate on the loan is 5.6% compounded MONTHLY and the loan is for 4.5 years. What are the MONTHLY payments?

A Fox wants to buy a Cunning House and will need to borrow $25,500. The interest rate on the loan is 5.6% compounded MONTHLY and the loan is for 4.5 years. What are the MONTHLY payments?

$416.31

$1,083.03

$5,171.62

$535.31

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