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Find the Total Monthly Payment Including Taxes and Insurance for the Loan

Question 26

Multiple Choice

Find the total monthly payment including taxes and insurance for the loan. Round to the nearest cent. Find the total monthly payment including taxes and insurance for the loan. Round to the nearest cent.   -Amount of loan: $222,000 Interest rate:   Term of loan: 30 years Annual taxes: $2,775 Annual insurance: $838 A) $1,260.96 B) $1,493.22 C) $1,664.16 D) $1,562.04
-Amount of loan: $222,000
Interest rate: Find the total monthly payment including taxes and insurance for the loan. Round to the nearest cent.   -Amount of loan: $222,000 Interest rate:   Term of loan: 30 years Annual taxes: $2,775 Annual insurance: $838 A) $1,260.96 B) $1,493.22 C) $1,664.16 D) $1,562.04
Term of loan: 30 years
Annual taxes: $2,775
Annual insurance: $838


A) $1,260.96
B) $1,493.22
C) $1,664.16
D) $1,562.04

Correct Answer:

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