What is the monthly payment for a 30 year loan with a 6 apr, Financial Management

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What is the monthly payment for a 30 year loan with a 6 apr

a. You want to buy a new house, but you are not sure what you can afford. What is the monthly payment for a 30 year loan with a 6% APR if the loan is for $175,000?

b. What is the monthly payment for a 30 year loan with a 6% APR if the loan is for $200,000?

Walk me through this problem step by step or write the formula with the numbers filled in

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Financial Management: What is the monthly payment for a 30 year loan with a 6 apr

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