12+ anton took out a 20 year loan

Suppose a man took out a 20 -year loan with an annual rate of 9 to put an addition on his house. His banker encouraged him to put.


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Monthly interest i 00612 0005 Monthly payment A 86981 Future value of loan after 16 years compound interest formula Future value of payments after 16 years Balance future.

. The mortgage lender also tells you that if you are willing to. His banker encouraged him to put other expenses into the loan if he wished so he. Answer to Solved John took out a 20-year loan of 85000 on July 1.

Advanced Math questions and answers. Mortgage lender quotes you a rate of 65 APR for a 30-year fixed rate mortgage with payments made at the end of each month. Suppose a man took out a 20 -year loan with an annual rate of 6 to put an addition on his house.

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