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you have just sold your house for $900,000 in cash. Your mortgage was originally a 30 year mortgage with monthly payments and an initial balance
you have just sold your house for $900,000 in cash. Your mortgage was originally a 30 year mortgage with monthly payments and an initial balance of $700,000. The mortgage is currently exactly 18 1/2 years old, and you have just made a payment. If the interest rate on the mortgage is 6.25% APR, how much cash will you have from the sale once you pay off the mortgage?
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Audit Effectiveness Meeting The IT Challenge
Authors: Kamil Omoteso
1st Edition
1409434680, 9781409434689
