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A 20-year, monthly-payment mortgage loan of $100,000 has an annual debt service of $10,990.40. The annual interest rate of this loan is:
A 20-year, monthly-payment mortgage loan of $100,000 has an annual debt service of $10,990.40. The annual interest rate of this loan is:
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Financial Management For Public Health And Not-for-Profit Organizations
Authors: Steven A. Finkler, Daniel L. Smith, Thad D. Calabrese, Robert M. Purtell
7th Edition
1071835335, 978-1071835333
