Ask Question
17 July, 13:54

Randy can afford a $1200 monthly mortgage payment. If the current mortgage rates are 5% and he wishes to have a 30-year mortgage, what is the maximum amount he can afford to borrow? Show your work.

+4
Answers (1)
  1. 17 July, 14:21
    0
    The answer of this question is 21600
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Randy can afford a $1200 monthly mortgage payment. If the current mortgage rates are 5% and he wishes to have a 30-year mortgage, what is ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers