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use PMT= p(r/n)/ (1-(1+r/n)^-nt)the price of a home is $171,000. The bank requires a20% down payment and three points at the time of closing. The
use PMT= p(r/n)/ (1-(1+r/n)^-nt)the price of a home is $171,000. The bank requires a20% down payment and three points at the time of closing. The costof the homeis financed with a 30-year fixed-ra 2 answers
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
IFRS edition volume 2
978-0470613474, 470613475, 978-0470616314
