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You bought a house for $ 1 , 0 0 0 , 0 0 0 . You paid 2 0 % as the down payment
You bought a house for $ You paid as the down payment and financed the rest. The mortgage loan has years maturity and APR which is compounded monthly. Use a spread sheet to amortize the loan and find out the monthly principle and interest payments through out the life of this loan. Show all codes.
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ISE Financial Institutions Management A Risk Management Approach
Authors: Anthony Saunders Professor, Marcia Millon Cornett, Otgo Erhemjamts
10th International Edition
1260571475, 9781260571479
