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Engineering Economics 6. You have just purchased a new house for $150,000! make yearly payments for 20 years at an interest rate of 6% $25,000

Engineering Economics

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6. You have just purchased a new house for $150,000! make yearly payments for 20 years at an interest rate of 6% $25,000 down. What is the yearly payment? You have been given a financing option that allows you to in order to take advantage of this, you must put After the fifth payment, what lump-sum amount would completely pay off the loan

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