Question
You have just purchased a new warehouse. To finance the purchase, you've arranged for a 25 year mortgage for 80 percent of the $1,800,000 purchase
You have just purchased a new warehouse. To finance the purchase, you've arranged for a 25 year mortgage for 80 percent of the $1,800,000 purchase price. The monthly payment on this loan will be $10,900. What is the APR? The EAR?
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Making Sense Of School Finance
Authors: Clinton Born
1st Edition
1475856652, 978-1475856651
