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A borrower wants to take a 30 year fixed rate mortgage for $166,791.61 with monthly payments. If the interest rate on these loans is 6%
A borrower wants to take a 30 year fixed rate mortgage for $166,791.61 with monthly payments. If the interest rate on these loans is 6% annually (compounded monthly), what is the monthly payment?
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International Financial Markets And The Firm
Authors: Piet Sercu, Raman Uppal
1st Edition
1861523548, 978-1861523549
