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Question 18 please Question 18 1 pts Given the information in the table, calculate the real price of a house for 2018 (in terms of
Question 18 please
Question 18 1 pts Given the information in the table, calculate the real price of a house for 2018 (in terms of year 2015) Year 2015 2016 2017 2018 Nominal Price $181,000 $183,000 $178,000 $180,000 Price Level 115 119 120 123 O $166,627 O $168,293 $169,976 O $171,659 Question 19 1 pts You take out a two-year loan for $500,000 at rate of 9% APR compounded monthly. The bank decides to let you skip every 12th payment. That is, you have payments in months 1 to 11 and 13 to 23, for a total of 22 payments. If the payments are all the same size, how big are the paymentsStep by Step Solution
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