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Understand the problems given below and solve them by showing all the necessary steps. Q. 1. In a new housing development, the houses are selling
Understand the problems given below and solve them by showing all the necessary steps. Q. 1. In a new housing development, the houses are selling $200000 and require a 30% down payment if interest rate is above 8%. What is the monthly payment if it is compounded monthly at 8% for 30 years [6 Marks] Rubrica
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