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Continue from question 4 . ( Included Below ) After 1 0 years ( 1 2 0 payments ) Jerry sold the house and paid
Continue from question Included Below After years payments Jerry sold the house and paid off the loans remaining balance. What must he have paid in addition to his regular th monthly payment to pay off the loan? Choose the closest answer.
Jerry bought a house for $ and made an $ down payment. He obtained a year loan for the remaining amount. Payments were made monthly. The nominal annual interest rate was compounded monthly. What was his monthly loan payment? Choose the closest answer.
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