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the cost t o purchase a new condominium i s $ 1 4 5 0 0 0 . the bank insists o n a minimum
the cost purchase a new condominium $ the bank insists a minimum down payment a compounded semi annaually fill intecghart below please answer question
The cost to purchase a new condominium is $ The bank insists on a minimum down payment of $ and will
grant you a mortgage for the remaining amount. The bank offers an interest rate of compounded semiannually
and an amortization of years.
Fill in the chart below with the details for each mortgage and then calculate the difference in interest paid between weekly
payments and biweekly payments. Is there a significant difference?
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