Question
John and Peggy recently bought a house. They financed the house with a $234,000, 30-year mortgage with a nominal interest rate of 10.00%. Mortgage payments
John and Peggy recently bought a house. They financed the house with a $234,000, 30-year mortgage with a nominal interest rate of 10.00%. Mortgage payments are made at the end of each month. What total dollar amount of their mortgage payments during the first 5 years will go towards repayment of principal?
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The Almanack Of Stanley Druckenmiller From Over 40 Years Of Investing Wisdom With Quantum Fund And Duquesne Capital Management
Authors: Rui Zhi Dong
1st Edition
B0B3NV2H9M, 979-8850611453
