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You purchases a house for$135,682.00 .You made a down payment of 20,000 and the remainder of the purchase price was financed with a mortgage loan.The
- You purchases a house for$135,682.00 .You made a down payment of 20,000 and the remainder of the purchase price was financed with a mortgage loan.The mortgage loan is a 30 year mortgage with an annual interest rate of7.04% .Mortgage payments are made monthly.What is the monthly amount of your mortgage payment?
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Financial Modeling
Authors: Simon Benninga
4th Edition
0262027283, 9780262027281
