Question: A couple has decided to purchase a $ 2 0 0 0 0 0 house using a down payment of $ 1 4 0 0

A couple has decided to purchase a $200000 house using a down payment of $14000. They can amortize the balance at 8% over 20 years.a) What is their monthly payment? Payment = $b) What is the total interest paid? Total interest paid = $c) What is the equity after 5 years? Equity after 5 years = $d) What is the equity after 15 years? Equity after 15 years = $

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