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Property worth $249,000.00 can be purchased for 15% down and mortgage payments of $1325.00 at the end of each month for 25 years. What is
Property worth
$249,000.00
can be purchased for
15%
down and mortgage payments of
$1325.00
at the end of each
month
for
25
years. What is the nominal annual rate of interest compounded
monthly?
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