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A beauty shop sells for $105,000 and a 12% down payment is made. A 15-year mortgage at 8.5% is obtained, and closing costs are $6800.
A beauty shop sells for $105,000 and a 12% down payment is made. A 15-year mortgage at 8.5% is obtained, and closing costs are $6800. What is the mortgage?
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International Financial Management
Authors: Cheol S. Eun, Bruce G.Resnick
6th Edition
71316973, 978-0071316972, 78034655, 978-0078034657
