Question
Mortgage on principal residence is due for renewal in 6 months. Currently valued at roughly $625,000 rate 4.14% 7-year term and 10-year term 7-year interest
Mortgage on principal residence is due for renewal in 6 months.
Currently valued at roughly $625,000
rate 4.14%
7-year term and 10-year term
7-year interest rate is 3.59%
10-year interest rate is 4.14%
What are the monthly payment amounts for both the 7-year and 10-year term
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Understanding Financial Accounting
Authors: Christopher Burnley, Robert Hoskin, Maureen Fizzell, Donald
1st Canadian Edition
1118849388, 9781119048572, 978-1118849385
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