Question
A family pays a $ 25 000 down payment on a house and arranges a mortgage plan requiring $ 1780 payments every month for 25
A family pays a $ 25 000 down payment on a house and arranges a mortgage plan requiring $ 1780 payments every month for 25 years. The financing is at 4.75% / a compounded semi-annually . What is the purchase price of the house?
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Handbook Of Global Financial Markets
Authors: Sabri Boubaker, Duc Khuong Nguyen
1st Edition
9813236647, 978-9813236646
