To buy the home you love, you will need to take out a $615,000 loan with a 4.1% fixed interest rate for a 30 year loan. calculate the monthly payment for this loan. Do not round.

Elementary Geometry For College Students, 7e
7th Edition
ISBN:9781337614085
Author:Alexander, Daniel C.; Koeberlein, Geralyn M.
Publisher:Alexander, Daniel C.; Koeberlein, Geralyn M.
ChapterP: Preliminary Concepts
SectionP.CT: Test
Problem 1CT
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To buy the home you love, you will need to take out a $615,000 loan with a 4.1% fixed interest rate for a 30 year loan.

calculate the monthly payment for this loan. Do not round.

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