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You just borrowed $300,000 and the annual interest rate on the loan is 4.5%. Assume you plan to repay the loan with 9 annual payments
You just borrowed $300,000 and the annual interest rate on the loan is 4.5%. Assume you plan to repay the loan with 9 annual payments of equal amounts. What is your annual payment amount?
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The Millionaire Next Door The Surprising Secrets Of Americas Wealthy
Authors: Thomas J. Stanley, William D. Danko
1st Edition
1589795474, 978-1589795471
