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John wants to buy house and borrow $700000. If he choose a 15-year loan, with 3% interest per year , what is his monthly payment?
- John wants to buy house and borrow $700000. If he choose a 15-year loan, with 3% interest per year , what is his monthly payment? what is his total interest payment? (show work and formula)
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
15th edition
77861612, 1259194078, 978-0077861612, 978-1259194078
