Asked by Havana

You have just applied for a 30-year $100000 mortgage at a rate of 10%. What must the annual payment be?

Answers

Answered by mathhelper
Strange mortgage with annual payments?
P( 1 - 1.1^-30)/.1 = 100000
solve for P
Answered by Havana
Hey can you please help out in the other questions too... I've been stuck for a while without help!!
There are no AI answers yet. The ability to request AI answers is coming soon!

Related Questions