Johnny took out a $500,000, 30-year mortgage with an APR of 4.15%. The first month he made
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Johnny took out a $500,000, 30-year mortgage with an APR of 4.15%. The first month he made an extra payment of $1,000. What was his balance at the end of that first month?
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Related Book For
Financial Algebra Advanced Algebra With Financial Applications
ISBN: 9781337271790
2nd Edition
Authors: Robert Gerver, Richard J. Sgroi
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