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A. What will be he monthly payment? B.How much will remain on the loan after making payments for 12 years? C.How much interest will be
A. What will be he monthly payment?
B.How much will remain on the loan after making payments for 12 years?
C.How much interest will be paid on the total amount of the loan over the course of 25 years?
Susan Carver will purchase a home for $450,000. She will use a down payment of 30% and finance the remaining portion at 8.7%, compounded monthly for 25 years. Complete parts (a) through (c) belowStep by Step Solution
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