Question
If a fully amortizing 30-year fixed rate mortgage was originally taken at $200,000, but now has a balance of $50,385, with an annual interest rate
If a fully amortizing 30-year fixed rate mortgage was originally taken at $200,000, but now has a balance of $50,385, with an annual interest rate of 5.25%, how many more monthly payments will it take before it will be paid off?
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Economics Of Money Banking And Financial Markets
Authors: Frederic Mishkin
5th Edition
0134734203, 978-0134734200
