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A 21-year mortgage is amortized by making payments of $3,052.61 at the end of every three months. If interest is 8.45% compounded annually, what was
A 21-year mortgage is amortized by making payments of $3,052.61 at the end of every three months. If interest is 8.45% compounded annually, what was the original mortgage balance?
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Financial Management For Decision Makers
Authors: Peter Atrill
7th Edition
129201606X, 978-1292016061
