What is the semi-annual payment on a $149,000 mortgage loan, repayable over 15 years, if the interest

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What is the semi-annual payment on a $149,000 mortgage loan, repayable over 15 years, if the interest rate is 12% p.a., compounded semi-annually?

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Business Mathematics In Canada

ISBN: 978-0070009899

7th edition

Authors: Ernest Jerome

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Posted Date: Jan 17, 2024 09:28 AM

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What is the semi-annual payment on a $149,000 mortgage loan, repayable over 15 years, if the interest

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To calculate the semiannual payment for a mortgage loan you can use the formula for the periodic pay... View the full answer

Business Mathematics In Canada

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