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A young executive is going to purchase a vacation property forinvestment purposes. She needs to borrow $94,000.00 for 27 years at4.9% compounded monthly, and will

A young executive is going to purchase a vacation property forinvestment purposes. She needs to borrow $94,000.00 for 27 years at4.9% compounded monthly, and will make monthly payments of $523.69.( 2 answers

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