Find the monthly house payment necessary to amortize each of the loans in Exercises. Then find the
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Find the monthly house payment necessary to amortize each of the loans in Exercises. Then find the unpaid balance after 5 years for each loan. Assume that interest is compounded monthly.
$353,700 at 7.95% for 30 years
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The present value P is 353700 i 0079512 0006625 and n 12 30 360 periods Monthly ...View the full answer
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