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The Gomez family bought a house for $175,000. They paid 20% down and amortized the rest with a 30-year fixed mortgage loan at 4.5% compounded
The Gomez family bought a house for $175,000. They paid 20% down and amortized the rest with a 30-year fixed mortgage loan at 4.5% compounded monthly. Find their monthly loan payment.
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Monetary Policy And Public Finance
Authors: G. C. Hockley
1st Edition
1138704792, 978-1138704794
