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Telegraph Hill House SHOW WORKINGS ON EXCEL Dan bought a house in Telegraph Hill for $1,500,000. The annual interest rate is 5%. Mortgage payments will
| Telegraph Hill House | ||||||||
| SHOW WORKINGS ON EXCEL | ||||||||
| Dan bought a house in Telegraph Hill for $1,500,000. The annual interest rate is 5%. | ||||||||
| Mortgage payments will be monthly. This is a 15 year mortgage. | ||||||||
| Dan put a 30% downpayment on the house. | ||||||||
| How much will Dan's monthly mortgage payment be? What will be the principal remaining for the second month? | ||||||||
| Extra credit: complete the mortgage amortization schedule for all 180 months. | ||||||||
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Cryptocurrency QuickStart Guide
Authors: Jonathan Reichental
1st Edition
1636100406, 978-1636100401
