Michael bought a lakeside cottage for 30% down and monthly mortgage payments of $1224.51 at the end

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Michael bought a lakeside cottage for 30% down and monthly mortgage payments of $1224.51 at the end of each month for 20 years. Interest is 4.4% compounded semi-annually. What is the purchase price of the property?

Posted Date: May 18, 2024 03:00 AM

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Michael bought a lakeside cottage for 30% down and monthly mortgage payments of $1224.51 at the end

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