The Dead Flowers Mortgage Company is offering a 30 year home mortgage at a 4.56% interest rate
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Question:
The Dead Flowers Mortgage Company is offering a 30 year home mortgage at a 4.56% interest rate compounded monthly. If you borrwed $184,500 from Dead Flowers and are required to make monthly payment, how much of your first monthly payment will go toward the principal of the loan?
Related Book For
Real Estate Finance and Investments
ISBN: 978-0073377339
14th edition
Authors: William Brueggeman, Jeffrey Fisher
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