Question
You borrow $180,000 to buy a house. The mortgage rate is 7 percent and the loan period is 30 years. Payments are made monthly. If
You borrow $180,000 to buy a house. The mortgage rate is 7 percent and the loan period is 30 years. Payments are made monthly. If you pay the mortgage according to the loan agreement, how much total interest will you pay?
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The Economics Of Money Banking And Finance
Authors: Peter Howells, Keith Bain
2nd Edition
0273651080, 978-0273651086
