You've decided to buy a house that is valued at $1 million. You have $400,000 to use as a down payment on the hou mortgage for the remainder of the purchase price. Your bank has approved your $600,000 mortgage, and is offering a 9% fixed nominal interest rate (called the loan's annual percentage rate or APR). Under this loan proposal, your m be per month. (Note: Round the final value of any interest rate used to four decimal places.)

You've decided to buy a house that is valued at $1 million, You have $400,000 to use as a down payment on the ho mortgage for the remainder of the purchase price. Your bank has approved your $600,000 mortgage, and is offeritu a 9% fixed nominal interest rate (called the loan's annual percentage rate or APR). Under this loan proposal, your be per month. (Note: Round the final value of any interest rate used to four decimal places.) You've decided to buy a house that is valued at $1 million, You have $400,000 to use as a down payment on the ho mortgage for the remainder of the purchase price. Your bank has approved your $600,000 mortgage, and is offeritu a 9% fixed nominal interest rate (called the loan's annual percentage rate or APR). Under this loan proposal, your be per month. (Note: Round the final value of any interest rate used to four decimal places.)