On August 1, Roddick borrowed $36,000 from a local bank on a 15-year mortgage. The annual interest rate is 8%?

On August 1, Roddick borrowed $36,000 from a local bank on a 15-year mortgage. The annual interest rate is 8%?

Read more: On August 1, Roddick borrowed $36,000 from a local bank on a 15-year mortgage. The annual interest rate is 8%?