NO.PZ2019052801000130
问题如下:
A level-payment, fixed-rate mortgage has the following characteristics:
• Term 30 years.
• Mortgage rate 9.0%.
• Servicing fee 0.5%.
• Original mortgage loan balance $150,000.
The monthly mortgage payment is:
选项:
A. $416.67.
B. $1,125.00.
C. $1,206.93.
D. $1,216.70.
解释:
C is correct.
N = 360; I = 9/12 = 0.75; PV= 150,000; CPT → PMT = $1,206.93
(150000*0.09*30+150000)/360=1541.67