How much did you borrow, You will make payments of $1200

How much did you borrow

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Question: You have just purchased your first home, a condo in View Royal. You will make payments of $1200 per month, at the end of the month. The interest rate is j2=4% . How much did you borrow, if you will make the monthly payments for 20 years?

Reference no: EM133496906

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