Question
Suppose that you wish to buy a new home that will cost you $478,087. You must put $70,918 down, and will finance the rest at
Suppose that you wish to buy a new home that will cost you $478,087. You must put $70,918 down, and will finance the rest at 5.96% APR, making monthly payments for 30 years at the end of each month. How much will your monthly payments be?
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Mathematics Of Finance
Authors: Robert Brown, Petr Zima
2nd Edition
0071756051, 9780071756051
