Jim bought a house fiir $125,000. He paid $12,500 down and the rest in equal monthly payments over thirty years. find the amount of Jim's monthly payment.

Question

Mathematics

Gaven Hamilton

2 August, 22:56

Jim bought a house fiir $125,000. He paid $12,500 down and the rest in equal monthly payments over thirty years. find the amount of Jim's monthly payment.

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Nicolas Morton · Answer 1

Your answer would be 312.50. you would first subtract 125,000 and 12,500 and that equals 112500. you than divide that from 360 and than you get 312.50.