Mathematics, 27.02.2021 08:40, jordanrose98

You agree to purchase a home for $75000 and decide to make a 20% down payment on the home. You finance the rest of the home payment with a 15 year fixed rate mortgage with an annual interest rate of 5.5%. Assuming that you make regular monthly payments, determine your regular monthly payment amount. Provide just a numerical answer rounded to the nearest cent.

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You agree to purchase a home for $75000 and decide to make a 20% down payment on the home. You finan...