Given the following statistics, calculate the mortgage cost percent. Annual mortgage interest ................................. $ 9,000 Annual principal

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Given the following statistics, calculate the mortgage cost percent.

Annual mortgage interest ................................. $ 9,000

Annual principal payment ................................... 2,000

Annual insurance and real estate taxes ............ 8,000

Yearly gross income ......................................... 120,000

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Personal Financial Planning

ISBN: 978-1259277184

2nd edition

Authors: Lewis J. Altfest

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Question Posted: May 05, 2017 10:19 AM

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Given the following statistics, calculate the mortgage cost percent. Annual mortgage interest ................................. $ 9,000 Annual principal

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