Question
What is the payment amount in month 27 of a constant amortization mortgage loan for $260,000 with a 30-year term and an annual interest rate
What is the payment amount in month 27 of a constant amortization mortgage loan for $260,000 with a 30-year term and an annual interest rate of 8%? Enter your answer rounded to the nearest penny with no punctuation other than a decimal point.
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Financial Accounting And Reporting
Authors: Barry Elliott, Jamie Elliott
13th Edition
0273730045, 978-0273730040
