Question
Suppose you have an annual salary of $80,000. You can save 30% of your monthly salary for the mortgage. The bank charges you an interest
Suppose you have an annual salary of $80,000. You can save 30% of your monthly salary for the mortgage. The bank charges you an interest rate of 12% per year with monthly compounding for a 30-year fixed-rate loan. How much money will the bank loan you?
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Forex Definitive Beginner S Guide
Authors: Brian Stclair
1st Edition
1537664670, 978-1537664675
