Question
Richard Miyashiro purchased a condominium and obtained a 20-year loan of $194,000 at an annual interest rate of 8.20%. (Round your answers to the nearest
Richard Miyashiro purchased a condominium and obtained a 20-year loan of $194,000 at an annual interest rate of 8.20%. (Round your answers to the nearest cent.)
(a) What is the mortgage payment? $ (b) What is the total of the payments over the life of the loan? $ (c) Find the amount of interest paid on the mortgage loan over the 20 years.
$
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Behavioural Approaches To Corporate Governance
Authors: Cameron Elliott Gordon
1st Edition
1138611395, 978-1138611399
