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Business, 08.10.2020 07:01 Gabilop

You purchase an apartment for $389 400, pay 15% deposit, and mortgage the balance. You amortize your debt with monthly repayments for 25 years.
What is your monthly payment if your interest rate for the loan is 3.79% compounded monthly?

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You purchase an apartment for $389 400, pay 15% deposit, and mortgage the balance. You amortize you...
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