Question
A sailboat costs $26,236. You pay 5% down and amortize the rest with equal monthly payments over a 8-year period. If you must pay 8.1%
A sailboat costs $26,236. You pay 5% down and amortize the rest with equal monthly payments over a 8-year period. If you must pay 8.1% compounded monthly, what is your monthly payment? How much interest will you pay?
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Real Estate Investment Strategies Structures Decisions
Authors: David Hartzell, Andrew E. Baum
2nd Edition
1119526094, 978-1119526094
