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stranahan stranahan
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7 years ago
Assume you just bought a new home and now have a mortgage on the home. The amount of the principal is $150,000, the loan is at 5% APR, and the monthly payments are spread out over 30 years. What is the loan payment? Use a calculator to determine your answer.
A) $805.23
B) $903.47
C) $850.32
D) $798.95
Textbook 
Financial Management: Core Concepts

Financial Management: Core Concepts


Edition: 2nd
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torchunicycletorchunicycle
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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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