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Hello, Need some help with this, I would like to do this in Excel and if you could please show the work, Thank you very
Hello, Need some help with this, I would like to do this in Excel and if you could please show the work, Thank you very much!!
You have just signed a contract to purchase your first home. Your purchase price is $300,000 and you plan to put 20% down. Calculate your monthly principal and interest payments for the life of the loan for:
a 15-year mortgage at 2.875%
a 30-year mortgage at 3.25%
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