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You are taking out a 30-year mortgage with an annual interest rate of 6.48% to buy your home. The required monthly mortgage payment of $1,381.
You are taking out a 30-year mortgage with an annual interest rate of 6.48% to buy your home. The required monthly mortgage payment of $1,381. What is the initial mortgage balance (i.e., how much are you borrowing)? Round to the nearest $1, drop the $ sign
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Personal Finance Building Your Future
Authors: Robert Walker, Kristy Walker
2nd Edition
0077861728, 9780077861728
