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2) You have just negotiated a 20-year mortgage on $200,000 amortized at a rate of 1% pe month (effective monthly rate). Instalment payments to be
2) You have just negotiated a 20-year mortgage on $200,000 amortized at a rate of 1% pe month (effective monthly rate). Instalment payments to be made are monthly. Determ the monthly payment A. 2022.17 B. 2202.17 C. 2315.17 D. 2122.17 E. 2212.17 N = 20 I/Y= 1 PV = o PMT= FV= 200,000
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International Finance
Authors: Keith Pilbeam
4th Edition
0230362893, 978-0230362895
