What will be her monthly payment to retire the mortgage

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Reference no: EM13146532

Deborah Milstead is considering buying a home for 200,000 a. if she makes down payment of 50,000 and takes out mortgage in the rest of the money at 7.8 persent compounded monthly what will be her monthly payment to retire the mortgage in 15 years . b. consider the 24th payment how much the intrest and the principle payments be ?

Reference no: EM13146532

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