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can you show me how to set this up on excel? also what is the question asking me solve? Q1. Danielle Baker (F382, Sp'06) and
can you show me how to set this up on excel? also what is the question asking me solve?
Q1. Danielle Baker (F382, Sp'06) and her husband have just purchased their first home via a First Guaranty Bank foreclosure sale. The home will be financed via a 15-year, 5.00% fixed rate loan. What amount has been borrowed if monthly, beginning-of-the- month payments of $650.00 are required to repay the loan? Answer: $82,538.39 Step by Step Solution
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