Mathematics, 11.03.2021 01:30 Solomon4148

The bank approved Rob for a $380,000, 25 year mortgage with an APR of 5.45%. a. What is her monthly payment?

b. How much interest would she expect to pay on the loan on the first month?

c. How much of that monthly payment will go toward the principal?

Answers: 3

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The bank approved Rob for a $380,000, 25 year mortgage with an APR of 5.45%. a. What is her monthly...