You took out a mortgage for $500,000. You need to pay $4,550 every month for 15...
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You took out a mortgage for $500,000. You need to pay $4,550 every month for 15 years. Part 1 What is the monthly interest rate? Attempt 1/5 for 10 pts. You took out a mortgage for $500,000. You need to pay $4,550 every month for 15 years. Part 1 What is the monthly interest rate? Attempt 1/5 for 10 pts.
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In this case you take out a 500000 mortgage and pay 4550 a month for 15 years To determine the month... View the full answer
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