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You want to purchase a house with an asking price of $85,000. You can ger a loan for 80% of rhe bank's appraised value at
You want to purchase a house with an asking price of $85,000. You can ger a loan for 80% of rhe bank's appraised value at 8% interest for 30 years with monthly amortization. The bank's appraiser values the house at 97% of the asking price. What will your total interest payments be for the second year of the loan?
You want to purchase a house with an asking price of $85,000. You can ger a loan for 80% of rhe bank's appraised value at 8% interest for 30 years with monthly amortization. The bank's appraiser values the house at 97% of the asking price. What will your total interest payments be for the second year of the loan?
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Blockchain Technology In Accounting And Auditing
Authors: Prof Oleksandr Melnychenko
1st Edition
1976900328, 978-1976900327
