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Property worth $ 185,000.00 can be purchased for 5 % down and quarterly mortgage payments of $3500.00 for 25 years. What effective annual rate of
Property worth $185,000.00 can be purchased for 5% down and quarterly mortgage payments of $3500.00 for 25 years.
What effective annual rate of interest ischarged?
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Entrepreneurial Finance
Authors: J. Chris Leach, Ronald W. Melicher
6th edition
1305968352, 978-1337635653, 978-1305968356
