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You are looking at purchasing a home and would like to obtain $100,000 mortgage amortized over 25 years. The current interest rate on a 3-year
You are looking at purchasing a home and would like to obtain $100,000 mortgage amortized over 25 years. The current interest rate on a 3-year term is 7% compounded semi-annually. What will your monthly payments be?
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Introduction To Corporate Finance
Authors: Laurence Booth, Sean Cleary
3rd Edition
978-1118300763, 1118300769
