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Home Q & A Board Science-Related Homework Help Mathematics
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ikrabbe ikrabbe
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6 years ago
Keith bought a lakeside cottage for 30% down and monthly mortgage payments of $1224.51 at the beginning of each month for 20 years. Interest is 4.4% compounded monthly. What is the purchase price of the property?
A) $194 378
B) $195 214
C) $278 878
D) $195 930
E) $279 900
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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AxyAxy
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6 years ago Edited: 2 years ago, bio_man
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4 years ago
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