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Mathematics, 06.03.2020 14:52 Jduxn
Real property is closing on May 15. The buyer is assuming the seller’s mortgage. As of closing the balance is $65,325. The annual interest rate is 8%. How should the interest on the loan be prorated based on a banker’s year (360 days in a year, all months have 30 days)
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Real property is closing on May 15. The buyer is assuming the seller’s mortgage. As of closing the b...
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