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Tim and Kiesha Woodall purchased a home priced at $186,700. They put $28,000 down and financed the rest at 7% for 20 years. What is the amount of their monthly mortgage payment?…

Tim and Kiesha Woodall purchased a home priced at $186,700. They put $28,000 down and financed the rest at 7% for 20 years. What is the amount of their monthly mortgage payment?…
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4 votes
Tim and Kiesha Woodall purchased a home priced at $186,700. They put $28,000 down and financed the rest at 7% for 20 years. What is the amount of their monthly mortgage payment?

asked
User Reuben Mallaby
by
8.5k points

1 Answer

5 votes

the correct answer is $1229.89

answered
User Zerocewl
by
8.6k points
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