The following loan is a simple interest amortized loan with monthly payments. (Round your answer to the nearest cent.) $155,000, 9%, 35 years (a) Find the monthly payment. $ 1271.5 |x (b) Find the total interest. $ 379,030.00
The following loan is a simple interest amortized loan with monthly payments. (Round your answer to the nearest cent.) $155,000, 9%, 35 years (a) Find the monthly payment. $ 1271.5 |x (b) Find the total interest. $ 379,030.00
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
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Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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Transcribed Image Text:The following loan is a simple interest amortized loan with monthly payments. (Round your answer to the nearest cent.)
$155,000, 9%, 35 years
(a) Find the monthly payment.
$ 1271.5
|x
(b) Find the total interest.
$ 379,030.00
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