Ask a New Question

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?

1 answer

What is the compounding on her loan? Is it monthly? Or yearly? Or is it SIMPLE Interest? I=PRT ?

Ask a New Question or answer this question.

Similar Questions

Oprah Winfrey ha closed on a 42- acre estate near Santa Barbara California for $50,000,000 If Oprah puts down 20% down and
1. 0 answers
4.What television host and author started a foundation to encourage students to consider a career in the skilled trades? Ellen
1. 1 answer
Read the following direct quotation:"When people show you who they are, believe them." Maya Angelou, on The Oprah Winfrey Show,
1. 1 answer
Sharks swim at about a constant speed of 25 miles/hour. A shark is in Santa Monica and wants to swim to the cooler waters of
1. 2 answers

more similar questions