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What is the total annual debt service for a $2,500,000 loan for 10 years with a 4.25% fixed interest rate and 25 year amortization calculated
What is the total annual debt service for a $2,500,000 loan for 10 years with a 4.25% fixed interest rate and 25 year amortization calculated monthly? Round to nearest hundredth.
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Principles Of Finance
Authors: Scott Besley, Eugene F. Brigham
2nd Edition
003034509X, 9780030345098
