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Price of the house Interest rate Down Payment Amt Financed Time Period: 400000 3% You bought a house for $400000 and made a downpayment
Price of the house Interest rate Down Payment Amt Financed Time Period: 400000 3% You bought a house for $400000 and made a downpayment of $100000. You make payments at the end of each year for 30 years. What is the balance at the 100000 end of period 3? 300000 30 Future value Amortization for Loan amount Period 0 Payment ($15,305.78) Loan at beginning Payment Interest Payment for Princip Loan at end
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