Question
You are buying a house that costs $800,000 and you have $80,000 for a down payment. The bank will lend you $720,000 at a rate
You are buying a house that costs $800,000 and you have $80,000 for a down payment. The bank will lend you $720,000 at a rate of 3.5%, compounded semi-annually, and amortized over 30 years.
How much is your monthly payment?
Multiple Choice $4,278.54 $1,825.78 $3,222.98 $2,471.65
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Between The Lines Of The Balance Sheet The Plain Mans Guide To Published Accounts
Authors: Michael Greener
2nd Edition
0080240712, 9780080240718
