Question
A 30 year home loan of $135000 at 8.75% compounded monthly is obtained. a. Find the montly payments rounded up to the next cent. $
A 30 year home loan of $135000 at 8.75% compounded monthly is obtained. a. Find the montly payments rounded up to the next cent. $ b. State the total amount of interest paid on the loan assuming that it is kept for 30 years and all payments are the same.
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Financial Analysis And Modeling Using Excel And VBA
Authors: Chandan Sengupta
2nd Edition
047027560X, 978-0470275603
