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.
$170,892 at 8.11% for 30 years
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The present value P is 170892 i 0081112 00067583333 and n 12 30 360 Monthly payment...View the full answer
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