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This extended problem conees many of the features of a mortoage. You purchase a. town house for 5300 .odo. 5 ince yuu are able fe
This extended problem conees many of the features of a mortoage. You purchase a. town house for 5300 .odo. 5 ince yuu are able fe mak a doun payment of 10 percent (530,000), You ate able to obtain a 3270,000 mortgape foan for 20 years at a a percent anumat rate of interest Use A. What are the abmal pavments that cover the Iriterests and prindoal repayment? 1. b. Mowimuch of the first pavinontione ito cover. thit intele st? (4) This extended problem conees many of the features of a mortoage. You purchase a. town house for 5300 .odo. 5 ince yuu are able fe mak a doun payment of 10 percent (530,000), You ate able to obtain a 3270,000 mortgape foan for 20 years at a a percent anumat rate of interest Use A. What are the abmal pavments that cover the Iriterests and prindoal repayment? 1. b. Mowimuch of the first pavinontione ito cover. thit intele st? (4)
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