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please show work and the formulas so I can lear and understand, because the self teach in uni is crazy Dominic takes out a 30
please show work and the formulas so I can lear and understand, because the self teach in uni is crazy
Dominic takes out a 30 -year mortgage of 230000 dollars at a nominal rate of interest of 5.28 percent convertible monthly, with the first payment due in one month. How much does he owe on the loan immediately after the 110 th payment? Answer = dollarsStep by Step Solution
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