Find the monthly house payments necessary to amortize the following loan. Then calculate the total payments and
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Question:
Find the monthly house payments necessary to amortize the following loan. Then calculate the total payments and the total amount of interest paid. $201,000 at 6.96% for 30 years
a. monthly payments are $?
b. total amount paid on the loan $?
c. total amount of interest paid $?
Related Book For
Corporate Finance A Focused Approach
ISBN: 978-1305637108
6th edition
Authors: Michael C. Ehrhardt, Eugene F. Brigham
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