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Title: You have just taken out a 30-year mortgage on your new home for $120,000. This mortgage is to be ... Post by: tetleyelmo on Jan 13, 2017 You have just taken out a 30-year mortgage on your new home for $120,000. This mortgage is to be repaid in 360 equal monthly installments. If the stated (nominal) annual interest rate is 14.75 percent, what is the amount of each of the monthly installments? Round to the nearest whole dollar.
A) $1,515 B) $1,472 C) $1,493 D) $1,522 E) $1,440 Title: Re: You have just taken out a 30-year mortgage on your new home for $120,000. This mortgage is to be ... Post by: Blimp on Jan 18, 2017 Content hidden
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