Suppose you have borrowed $520,000 as a mortgage loan on your house? The interest rate is 6.5%?

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Suppose you have borrowed $520,000 as a mortgage loan on your house? The interest rate is 6.5%?

The bank has calculated the monthly payment to be $3,286.75? How long will it take you to pay the loan?

Related Book For answer-question

Fundamentals of Corporate Finance

ISBN: 978-0132148238

2nd edition

Authors: Berk, DeMarzo, Harford

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Posted Date: Feb 13, 2023 05:24 AM

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Suppose you have borrowed $520,000 as a mortgage loan on your house? The interest rate is 6.5%?

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Fundamentals of Corporate Finance

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