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Answer using excel Assume a $56,000.00 15 year fully amortized fixed rate loan with a level MONTHLY payment of $450.00 per month. What interest rate
Answer using excel
Assume a $56,000.00 15 year fully amortized fixed rate loan with a level MONTHLY payment of $450.00 per month. What interest rate is being charged (Monthly then convert to annual)?
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Cornett
4th Edition
0077262379, 978-0077262372
