Afamily is purchasing a house and needs to finance a $195,000 mortgage from the bank with an annual percentage rate (apr) of 5.3%. the family is financing it over 30 years and making monthly payments. what is the monthly payment?
group of answer choices

$541.67

$860.25

$1082.84

$1242.25

Monthly payment is $1082.84.

Solution:

Given data:

Principal = $195000

Rate per year =

Rate per month =

Time = 30 × 12 = 360 month

To find the monthly payment using formula:

If you simplify this using calculator, we get

Monthly payment = $1082.84

Option C is the correct answer.

Hence monthly payment is $1082.84.

answer: a rhombus has two lines of symmetry that run through one vertex to the one directly across it. unlike a square, planes through the center of each edge of a rhombus do not yield mirrored sides.

step-by-step explanation:

the distance from any point on the parabola to the focus is the exact same as the distance from that point to the directrix.

if you could provide answer choices that might allow me to answer the question easier if my above answer isn't an option! (: