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To finance your new house, you have obtained a 35 year $750,000 mortgage. The bank has offered you an interest rate of 5.7%. You can't
To finance your new house, you have obtained a
35 year $750,000 mortgage. The bank has offered you an interest rate of 5.7%.
You can't decide on a payment frequency. Complete the following table to help you make a decision.
number of payment per year | mortgage payment |
12 | |
24 | |
26 | |
52 |
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