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In the Impact of Interest Rates example, a 5% interest rate difference results in how much extra interest paid when making only a required minimum
- In the "Impact of Interest Rates" example, a 5% interest rate difference results in how much extra interest paid when making only a required minimum monthly payment equal to the monthly interest, plus 1% of the outstanding balance?
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Financial Markets And Institutions
Authors: Frederic S. Mishkin, Stanley G. Eakins
9th Edition
0134519264, 9780134519265
