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Fannie took out a 25-year fully-amortizing constant payment mortgage of $521,346 with the nominal interest rate of 5.25 %. After submitting the 87-th monthly payment,
Fannie took out a 25-year fully-amortizing constant payment mortgage of $521,346 with the nominal interest rate of 5.25 %. After submitting the 87-th monthly payment, the remaining balance of her mortgage equals $ ____. Keep at least two digits after the decimal point
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Innovation And Technology
Authors: Nikos Vernardakis
1st Edition
0415676800, 978-0415676809
