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Business, 17.02.2020 19:48 sarahcyberpony

You plan to buy a $158,735 house. You have $39,849 to use as the down payment. The bank offers to loan you the remainder at 18% nominal interest compounded monthly. The term of the loan is 20 years. What is your equal monthly loan payment?

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You plan to buy a $158,735 house. You have $39,849 to use as the down payment. The bank offers to lo...
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