The total monthly payment Demarco and Tanya should anticipate is equal to: C. $877.
Mathematically, the monthly payment on a fixed rate mortgage can be calculated by using this formula:
[tex]M=P(\frac{r}{1-(1+r)^{-nt}} )[/tex]
Where:
In this scenario, $877 is the amount of money that should be anticipated by Demarco and Tanya as their total monthly payment for a fixed rate mortgage offer.
Read more on interest rate here: https://brainly.com/question/24341207
#SPJ2
