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Several years ago, Bill Smith borrowed $ 1 2 5 , 0 0 0 to buy his house. He has a 1 5 year, monthly
Several years ago, Bill Smith borrowed $ to buy his house. He has a year, monthly payment mortgage with an interest rate of percent per annum. Bill is thinking about refinancing his house so he would like to know the payoff on his current loan. Assuming that he just made payment number compute the payoff on Bill's loan.
Round your answer to decimal places; record your answer without commas and without a dollar sign.
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I plan to deposit $ into my retirement every year for the next years. The first deposit will be made today that is at and the last deposit will be made at the end of year that is at I plan to make no other deposits. Assuming that I will earn pa on my retirement funds, how much money will I have accumulated years from today that is at
Round your answer to decimal places; record your answer without commas and without a dollar sign.
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