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stranahan stranahan
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7 years ago
You pay down 20% on a home with a purchase price of $300,000. The bank will loan you the remaining balance of $240,000 at 8% APR with a 30-year maturity. You will make monthly payments on the loan. What is the monthly annuity payment?
Textbook 
Financial Management: Core Concepts

Financial Management: Core Concepts


Edition: 2nd
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tokentame78tokentame78
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7 years ago
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stranahan Author
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7 years ago
Thanks Smiling Face with Open Mouth and Tightly-closed Eyes
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