Question
2 years ago we purchased a house with a $525,000 mortgage at 9% A. What is the monthly payment? B. How much is owed after
2 years ago we purchased a house with a $525,000 mortgage at 9% A. What is the monthly payment? B. How much is owed after 2 years? C. How much interest did we pay over a 2 yr period? D. If we are looking to refinance the current balance and the current rate is 6.75% what would be the monthly payment on a 20yr and 15 yr mortgage?
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Investments
Authors: Zvi Bodie, Alex Kane, Alan Marcus, Lorne Switzer, Maureen Stapleton, Dana Boyko, Christine Panasian
9th Canadian Edition
1259271935, 9781259271939
