Order the answer to: Mr. Wiggley wants to buy a new house. It will

Assignment Help business economics Order the answer to: Mr. Wiggley wants to buy a new house. It will

business economics

Order the answer to: Mr. Wiggley wants to buy a new house. It will

Question Mr. Wiggley wants to buy a new house. It will cost $178,000. The bank will loan 90% of the purchase price at a nominal interest rate of 10.75% compounded weekly, and Mr. Wiggley will make monthly payments. What is the amount of the monthly payments if he intends to pay the house off in 25 years?
Subject business economics
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