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Gisella borrows $ 1 2 0 , 0 0 0 from Capital Mortgage Co . at 9 % per annum interest, monthly payments for 3
Gisella borrows $ from Capital Mortgage Co at per annum interest, monthly payments for years. At the end of years, she sells the house and will pay off the loan at the closing of sale assume that the sale takes place at the end of the sixth year What will her loan payoff be Using excel functions only and an amortization schedule.
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