A mortgage company offers to lend you 85000 the loan calls


A mortgage company offers to lend you $85,000; the loan calls for payments of $8,273.59 per year for 30 years. What interest rate is the mortgage company charging you?

Solution Preview :

Prepared by a verified Expert
Finance Basics: A mortgage company offers to lend you 85000 the loan calls
Reference No:- TGS01478549

Now Priced at $10 (50% Discount)

Recommended (97%)

Rated (4.9/5)