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PLEASE ANSWER ASAP MANUAL COMPUTATION 5. When the listers purchase a home, they borrowed $190,000 as a mortgage to be amortized by making monthly payments
PLEASE ANSWER ASAP MANUAL COMPUTATION
5. When the listers purchase a home, they borrowed $190,000 as a mortgage to be amortized by making monthly payments for 15 years. Interest is 4.89% compounded semi-annually for a 3 year term. Compute the size of the monthly payments? a. $1,486.81 b. $1,480.84 c. $5,680.91 d. $1,742.17
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