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You owe $200,000 on a fixed mortgage with 20 years remaining to the end of the mortgage. If the APR is 4.0% BUT you can
You owe $200,000 on a fixed mortgage with 20 years remaining to the end of the mortgage. If the APR is 4.0% BUT you can only afford to make monthly payments of $1,000, how much will you still owe and the end of the 20 years? How long will it take you to pay off the mortgage?
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Government and Not for Profit Accounting Concepts and Practices
Authors: Michael H. Granof, Saleha B. Khumawala
6th edition
978-1-119-4958, 9781118473047, 1118155971, 1118473043, 978-1118155974
