isaiahmichel6759 isaiahmichel6759 06-06-2023 Business contestada You purchase a home using a loan that requires monthly payments of $400 starting one month from today for 30 years. If the borrowing rate is 0.5% per month, what amount are you borrowing? a. $66,717 b. 565,179 c. $71,000 d. 559,101 e. $63,003