You are considering borrowing $200,000 to purchase a new home Calculate the monthly payment needed to amortize a 7 fixed rate 30 year mortgage loan Calculate the monthly amortization payment if the loan in (a ) was for 15 years please show how to figure this out ...

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You are considering borrowing $200,000 to purchase a new home. Calculate the monthly payment needed to amortize

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You are considering borrowing $200,000 to purchase a new home.

Calculate the monthly payment needed to amortize a 7% fixed-rate 30-year mortgage loan.
Calculate the monthly amortization payment if the loan in (a.) was for 15 years.

please show how to figure this out

Posted Date: May 18, 2024 09:09 AM

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You are considering borrowing $200,000 to purchase a new home. Calculate the monthly payment needed to amortize

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