The urchase price at nominal intrest rate

Reference no: EM131077026

a new house cost $178,000. the bank will loan 90% of the urchase price,at nominal intrest rate of 10.75% compounded weekly and monthly payments will be made. We want to pay the house off in 25 years. What would the monthly payments be?

Reference no: EM131077026

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The urchase price at nominal intrest rate : a new house cost $178,000. the bank will loan 90% of the urchase price,at nominal intrest rate of 10.75% compounded weekly and monthly payments will be made. We want to pay the house off in 25 years. What would the monthly payments be?

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