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What will be the monthly payment on a home mortgage of $75,000 at 6% annual percentage rate interest compounded monthly, over a 30 -year term?
What will be the monthly payment on a home mortgage of $75,000 at 6% annual percentage rate interest compounded monthly, over a 30 -year term?
| $3,750.00 | ||
| None of these responses | ||
| $4,878.86 | ||
| $449.66 | ||
| $775.90 |
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Handbook Of The Economics Of Finance Volume 2A
Authors: George M. Constantinides, Milton Harris, Rene M. Stulz
1st Edition
