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You borrow $400,000 for 30 years to purchase a house with an interest rate of 11.1 percent. How much is your second monthly payment? (Do
You borrow $400,000 for 30 years to purchase a house with an interest rate of 11.1 percent. How much is your second monthly payment? (Do not round intermediate calculations; round your final answer to 2 decimal places, e.g., 32.16. Do NOT include "$" in your answer.)
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Financial Literacy For Managers
Authors: Richard A. Lambert
1st Edition
1613630182, 978-1613630181
