Mathematics, 22.10.2020 05:01 ablikids3

The monthly payment p on a mortgage varies directly with the amount borrowed b. Suppose that you decide to borrow $120,000 using a 30-year mortgage. You are told that
your monthly payment is $686.26. Assume that you have decided to buy a more
expensive home that requires you to borrow $220,000. What will your monthly payment
be?

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