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Show equation and steps please (not excel) 4. Compute the value of a 15-year mortgage that has even monthly payments of $1395+U dollars per month
Show equation and steps please (not excel)
4. Compute the value of a 15-year mortgage that has even monthly payments of $1395+U dollars per month if the APR is 2.14%.
u = 7
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Introduction To Mathematical Finance Discrete Time Models
Authors: Stanley R. Pliska
1st Edition
1557869456, 9781557869456
