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can you solve the questions for me?? 2)You borrow $200,000 to buy a house; Interest rate is 6%; Payments are made monthly ; Loan is
can you solve the questions for me??
2)You borrow $200,000 to buy a house; Interest rate is 6%; Payments are made monthly ; Loan is over 30 years; After 15 years, you decide to sell the house. What will be the loan balance at the end of 15 years? a)$142,097 3)Bank A charges 7.5% with monthly compounding; Bank B charges 7.46% with weekly borrow from ? b)$144,877 c)S140,605 d)$151,643 compounding If you plan to borow money fomone of these banks which will you choose to a) Bank A b) Bank BStep by Step Solution
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