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Mathematics, 25.07.2021 09:30 vvvvvvvv84
A family is thinking about buying a new house
costing 380 000$. They must pay 110 000$ down and the rest is to
be amortized over 25 years in equal monthly payments. If money
costs 7% compounded monthly
(A)What will their monthly payment be?
(B)What will be unpaid balance after 20 years?
(C)How much total interest will be paid over the 25 years?
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Answers: 1
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A family is thinking about buying a new house
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