Question
The following loan is a simple interest amortized loan with monthly payments. (Round your answer to the nearest cent.) $170,000, 9 1/2%, 30 years (a)
The following loan is a simple interest amortized loan with monthly payments. (Round your answer to the nearest cent.)
$170,000, 9 1/2%, 30 years
(a) Find the monthly payment
$ (b) Find the total interest. $
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes
8th Edition
007322359X, 9780073223599
