Assume you have a 30-year mortgage with annual payments, an initial amount of $200,000 and a fixed
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Assume you have a 30-year mortgage with annual payments, an initial amount of $200,000 and a fixed rate of 5%. After you have made 4 payments(on time), approximately. what is the remaining mortgage balance?
Related Book For
Corporate Finance Core Principles and Applications
ISBN: 978-0077905200
3rd edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford
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