How much would Doug save in interest if he amortized his mortgage over 15 years, rather than

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How much would Doug save in interest if he amortized his mortgage over 15 years, rather than 25 years, and assuming he makes monthly payments. The total mortgage amount is $440,000 and the interest rate is 5.4% compounded semi-annually.

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Feb 10, 2023 07:45 AM

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How much would Doug save in interest if he amortized his mortgage over 15 years, rather than

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Income Tax Fundamentals 2013

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