Calculate the monthly payments of a 3030​-year ​fixed-rate mortgage at 6.006.00 percent for ​$136 comma 200136,200. How much interest is paid over the life of the​ loan?   ​Note: Round intermediate computations to at least five​ (5) decimal places. Click on the table icon to view the Monthly Installment Loan Payment Factor​ (MILPF) table: LOADING... .       Question content area bottom Part 1 The monthly payments of a 3030​-year ​fixed-rate mortgage at 6.006.00​% for ​$136 comma 200136,200 is

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Your Question:
Calculate the monthly payments of a
3030​-year
​fixed-rate mortgage at
6.006.00
percent for
​$136 comma 200136,200.
How much interest is paid over the life of the​ loan?  
​Note: Round intermediate computations to at least five​ (5) decimal places.
Click on the table icon to view the Monthly Installment Loan Payment Factor​ (MILPF) table:
LOADING...
.
 
 
 

Question content area bottom

Part 1
The monthly payments of a
3030​-year
​fixed-rate mortgage at
6.006.00​%
for
​$136 comma 200136,200
is
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Effective Annual Rate Of Return
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