Question
You bought a ski chalet at Mount Tremblant for $420,000. You borrow the full amount over a 30-year term. The bank quotes you a rate
You bought a ski chalet at Mount Tremblant for $420,000. You borrow the full amount over a 30-year term. The bank quotes you a rate of5.9 %. You choose to make 12 payments per year. Over the life of the mortgage, what is the total amount of interest that you pay?
The total amount of interest paid over the life of the mortgage is $
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The New Yellow Book Government Auditing Standards
Authors: Rebecca A. Meyer
1st Edition
1119784638, 978-1119784630
