Find the monthly payment (in $) and the total interest (in $) for a mortgage of $46,000 at 5 1 4% for 20 years. Use this table and give the total interest as your answer. (Round your answers to the nearest cent.) Monthly payment$ Total interest

Find the monthly payment (in $) and the total interest (in $) for a mortgage of $46,000 at 5 1 4% for 20 years. Use this table and give the total interest as your answer. (Round your answers to the nearest cent.) Monthly payment$ Total interest

Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)

7th Edition

ISBN:9780357033609

Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Chapter5: Making Automobile And Housing Decisions

Section: Chapter Questions

Problem 7FPE

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Find the monthly payment (in $) and the total interest (in $) for a mortgage of $46,000 at

for 20 years. Use this table and give the total interest as your answer. (Round your answers to the nearest cent.)

Monthly payment$ Total interest

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