The interest rate on the marshals variable rate mortgage increased from 10% to 12%. Their old monthly payment was $437.24. their new monthly is $496.73. the total increase in monthly payment for one year will be

Respuesta :

Step-by-step explanation:

the difference in monthly pymts $59. 49/mthly

$59.49 × 12 = $713.88 increase in pymts in 1 year.