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Please help solve using financial calc 7. Balloon payment Assume you purchased a home for $900,000 and are required to put 3% down. Your interest
Please help solve using financial calc
7. Balloon payment Assume you purchased a home for $900,000 and are required to put 3% down. Your interest rate for a 30 year fixed rate mortgage is 3% APR. If you make monthly payments of $3,000 what is your balloon payment Step by Step Solution
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