word problem

Michael buys a condominium for $95,000 and makes a down payment of $35,000. His mortgage loan is for 15 years at 8 % . The mortgage payment is $9.56 per thousand of the loan amount. What is his monthly payment?
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1 Answer

95,000 -35,000=60,000...him borro 60,000$

9.56*60=573.60$/month him gotta pae on the lone
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