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You have decided to buy a house for 400,000 and put 15% down. and take out a mortgage for the rest. If the bank offers
- You have decided to buy a house for 400,000 and put 15% down. and take out a mortgage for the rest.
- If the bank offers 4.5% APR on a 15 year loan, what will the monthly payments be?
- How much interest will you end up paying over the 30 years?
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Fundamentals of Corporate Finance
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford, David A. Stangeland, Andras Marosi
1st canadian edition
978-0133400694
