Rick rueta purchased a 76000 home at 75 for 30 years with a, Ask an Expert

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Rick Rueta purchased a $76,000 home at 7.5% for 30 years with a down payment of $25,000. His annual real estate tax is $1,680 along with an annual insurance premium of $840. Rick’s bank requires that his monthly payment include an escrow deposit for the tax and insurance. What is the total payment each month for Rick? (Use Table 15.1.) (Round your answer to the nearest cent.) Total monthly payment $

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Financial Management, Finance

Category:- Financial Management
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