suppose you have just obtained

Oct 14th, 2015
Anonymous
Category:
Business Finance
Price: $10 USD

Question description

suppose you have just obtained a 30-year home mortgage in the amount $196,000 at an apr of 8.2%. by finding the required monthly payment and also the additional monthly payment that you would need to make in order to pay off the loan in 20 years, determine the amount you would save in interest charges by paying off the loan in 20 years

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(Top Tutor) Kyle_PSU_Graduate
School: Carnegie Mellon University

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