Question
You have a 30-year $350,000 mortgage with a 4.5% rate of interest (compounded semi-annually) on which you make monthly payments. How much interest would you
You have a 30-year $350,000 mortgage with a 4.5% rate of interest (compounded semi-annually) on which you make monthly payments. How much interest would you save if you made an additional $30,000 down payment today?
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Business Mathematics
Authors: Gary Clendenen, Stanley A Salzman, Charles D Miller
12th Edition
0135109787, 9780135109786
