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please do is step by step Mortgage Repayments Suppose you want to buy a $800,000 house, with a 20% deposit. You intend to fix your

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please do is step by step

Mortgage Repayments Suppose you want to buy a $800,000 house, with a 20% deposit. You intend to fix your interest rate at 5% per annum and pay it off over 30 years. How much will you have to pay per fortnight on a mortgage? In Excel, type '=PMT' to find your period repayment figure

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