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Lara is buying a new home with a mortgage loan for $186,500 at 6.5 percent annual interest with a term of 30 years. What
Lara is buying a new home with a mortgage loan for $186,500 at 6.5 percent annual interest with a term of 30 years. What is the amount of the monthly payment necessary to amortize this debt?
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Financial Accounting
Authors: Carl Warren
13th Edition
1133607616, 978-1133607618
