Jonathan and Marty Boman purchased a home for $113,400. As first-time homeowners, the bank only requires a 5 percent down payment. The rest is financed at 6.5 percent for 30 years. What is the amount

of their monthly payment?
A.
$680.85
B.
$754.11
C.
$923.00
D.
$723.40

B. $754.11

Expert answered|yayang0405|Points 45|

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Asked 9/26/2011 11:02:41 PM

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B.
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C.
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D.
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D.
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