Question
You want to buy a house, but can only afford 1500 a month. What size of loan can you take out at an interest rate
You want to buy a house, but can only afford 1500 a month. What size of loan can you take out at an interest rate of 3.65% if the loan is to be paid back in 30 years?
b). How much total interest will you have paid over thirty years?
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Get StartedRecommended Textbook for
Public Finance A Contemporary Application of Theory to Policy
Authors: David N Hyman
11th edition
9781305474253, 1285173953, 1305474252, 978-1285173955
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