You receive a fully amortized loan for 150000 at 4 for 30 ye
You receive a fully amortized loan for $150,000 at 4% for 30 years. What is your monthly P+I payment ? Please include keystrokes or input into your calculator A. $1,100.65 B. $12,000.00 C. $716.12 D. $479.71 Also what are the interest and principal components of the first monthly payment?