This preview shows page 1. Sign up to view the full content.
Unformatted text preview: After 120 months of payments, Mary has an opportunity to refinance. Her new mortgage is a 15-year mortgage with a 0.4% per month interest rate. What will her new monthly payments be?...
View Full Document
This note was uploaded on 12/07/2011 for the course CIVL 4111 taught by Professor Moore,l during the Fall '08 term at U. Memphis.
- Fall '08