A new house cost 178000 the bank will loan 90 of the


a new house cost $178,000. the bank will loan 90% of the urchase price,at nominal intrest rate of 10.75% compounded weekly and monthly payments will be made. We want to pay the house off in 25 years. What would the monthly payments be?

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Accounting Basics: A new house cost 178000 the bank will loan 90 of the
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