For a loan of $100,000, at 4 percent annual interest for 30 years, find the balance at
Question:
For a loan of $100,000, at 4 percent annual interest for 30 years, find the balance at the end of 4 years and 15 years assuming monhly payments.
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The loans balance at the end of 4 years and 15 years is 9251356 and 6454380 respectively as sol...View the full answer
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Related Book For 
Real Estate Principles A Value Approach
ISBN: 978-0077836368
5th edition
Authors: David C Ling, Wayne Archer
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