Question
You bought a house worth $3,500,000 that you agree to pay off with a down payment of $1,500,000 and a final payment 24 months later.
You bought a house worth $3,500,000 that you agree to pay off with a down payment of $1,500,000 and a final payment 24 months later. You agree to pay 12% annual interest compounded monthly. How much must you pay within 2 years? (Please show steps and formula)
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Healthcare Financial Management Applied Concepts And Practical Analyses
Authors: Cassandra R. Henson
1st Edition
0826144748, 978-0826144744
