Asked by Heyhi

Oprah Winfrey has closed on a 42-acre estate near Santa Barbara, California, for $50,000,000. If Oprah puts 20% down and finances at 7% for 30 years, what would her monthly payment be?
Answered by MsPi_3.14159265
What is the compounding on her loan? Is it monthly? Or yearly? Or is it SIMPLE Interest? I=PRT ?
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