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a) 96.8255x b)98.9674x c) 110.3652x D)115.9635x E)120.6753 a Steve purchased a house for $10,000x with a 20% down payment and a 10-year mortgage for the
a) 96.8255x
a Steve purchased a house for $10,000x with a 20% down payment and a 10-year mortgage for the balance with level payments due at the end of the month. The nominal annual interest rate is 8% compounded quarterly, The amount of each level monthly mortgage payment is b)98.9674x
c) 110.3652x
D)115.9635x
E)120.6753
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