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You purchase a residential building lot in Queens for $390,650, put $70,000 down, and finance the balance for 15 years at 12% APR, compounded quarterly.
You purchase a residential building lot in Queens for $390,650, put $70,000 down, and finance the balance for 15 years at 12% APR, compounded quarterly. What is your quarterly mortgage payment?
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The Oxford Handbook Of Quantitative Asset Management
Authors: Bernd Scherer, Kenneth Winston
1st Edition
0199553432, 978-0199553433
