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harry32 harry32
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4 weeks ago

Joe Jay purchased a new colonial home for $260,000, putting down 20%. He decided to use Loyal Bank for his mortgage. They were offering a 6 ½% for a 25-year mortgage. The principal after the first payment had a balance outstanding of:



$259,652.79



$207,722.24



$206,595.57



$258,244.46

Textbook 
Math for Business and Finance: an Algebraic Approach

Math for Business and Finance: an Algebraic Approach


Edition: 3rd
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ftricey04ftricey04
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Helped a lot
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Just got PERFECT on my quiz
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