4-149. On a $200,000, 30-year fixed mortgage, the monthly payment will be approximately how much when the
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4-149. On a $200,000, 30-year fixed mortgage, the monthly payment will be approximately how much when the nominal interest rate on the mortgage is 4.2%? (4.7)
(a) $568
(b) $980
(c) $918
(d) $1,000
(e) $895
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Engineering Economy
ISBN: 9780134870069
17th Edition
Authors: William Sullivan, Elin Wicks, C Koelling
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