Question
I wish to borrow $500 000 to buy a house. If the current interest rate on the loan is 7.80% p.a., then my fortnightly repayment
I wish to borrow $500 000 to buy a house. If the current interest rate on the loan is 7.80% p.a., then my fortnightly repayment at the end of every fortnight for the next 30 years is:
A $1 606.51
B $1 660.51
C $1 765.51
D $1 567.15
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Get StartedRecommended Textbook for
Fundamentals of Investment Management
Authors: Geoffrey Hirt, Stanley Block
10th edition
0078034620, 978-0078034626
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