Shannon took out a $300,000, 15-year mortgage with an APR of 7%. The first month she made

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Shannon took out a $300,000, 15-year mortgage with an APR of 7%. The first month she made an extra payment of $400. What was her ending balance at the end of that first month?

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Financial Algebra advanced algebra with financial applications

ISBN: 978-0538449670

1st edition

Authors: Robert K. Gerver

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Question Posted: Apr 14, 2016 05:03 AM

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Shannon took out a $300,000, 15-year mortgage with an APR of 7%. The first month she made

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B 1 300000 269648 X 1 400 I 1 30...View the full answer

Financial Algebra advanced algebra with financial applications

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