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Mary borrowed $250,000 on a 30 year mortgage at 3% with monthly payments. After 18 years, Mary wants to pay off the house and move
Mary borrowed $250,000 on a 30 year mortgage at 3% with monthly payments. After 18 years, Mary wants to pay off the house and move to another job. About what is the principal balance for the loan?
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To calculate the principal balance for the loan after 18 years we need to consider the remaining num...
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Business Mathematics In Canada
Authors: Ernest Jerome
7th edition
978-0071091411, 71091416, 978-0070009899
