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A developer of a housing subdivision is offering a special variable mortgage rate of 3.5% amortized over 20 years. You need a mortgage loan
A developer of a housing subdivision is offering a special variable mortgage rate of 3.5% amortized over 20 years. You need a mortgage loan of $500,000 for a house. The bank is willing to offer you a mortgage rate at 6% for any amortization period. What is the minimum fixed payment?
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For a fixed rate mortgage the formula for monthly ...
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Auditing An International Approach
Authors: Wally J. Smieliauskas, Kathryn Bewley
6th edition
978-0070968295, 9781259087462, 978-0071051415
