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Business, 15.12.2020 15:00 kyle65

Mr. Jagger is purchasing a $3,000,000 home by borrowing 80% of the purchase price. His loan terms are: 15 years amortization, monthly payments, 5.00% annual interest rate. The monthly payment will be: a. $18,979.05 b. $18,599.47 c. $18,409.68 d. $19,358.63 3.488 points

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Mr. Jagger is purchasing a $3,000,000 home by borrowing 80% of the purchase price. His loan terms ar...
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