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Solve for the monthly payment. A $110,000 house was purchased with a 20% down payment and the remainder was financed at 3.5% for 30 years.
Solve for the monthly payment. A $110,000 house was purchased with a 20% down payment and the remainder was financed at 3.5% for 30 years. (Hint: use your TVM solver)
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Financial Modeling
Authors: Simon Benninga
4th Edition
0262027283, 9780262027281
