Tom went for house hunting and found a builder that has a house for sale for $300,000.
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Question:
Tom went for house hunting and found a builder that has a house for sale for $300,000. The builder has their own financial institution that offers a 30 year loan with $1073.69 monthly payment. Down Payment= $60,000 Loan Amount = $240,000 Your task is to 1. use Goal seek to find out the APR for the lender, 2. create a monthly Amortization Table for this loan.
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