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your given the following information about a home loan: loan amount 300000 number of years 25 years interest rate per year 7% point charges
your given the following information about a home loan: loan amount 300000 number of years 25 years interest rate per year 7% point charges 3% If the loan is paid off after 6 years what will be the APR and IRR earned by the bank? Whay is the monthy payment for the loan? What will be the loan balance after 6 years?
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Managerial Accounting Tools for Business Decision Making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
7th edition
978-1118334331, 1118334337, 978-1119036449, 1119036445, 978-1119036432
