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Narrative 14-2
for Problems in This Section, Use Table 14-1 734%7 \frac { 3 } { 4 } \%

Question 94

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Narrative 14-2
For problems in this section, use Table 14-1 from your text to find monthly mortgage payments.
-Refer to Narrative in your text 14-2. Tony Kubek purchased a home with a mortgage of $56,500 at 734%7 \frac { 3 } { 4 } \% for 25 years. The property taxes are estimated to be $2,640 per year and the hazard insurance premium is $618.50. What is the total monthly PITI of John's loan?

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