A young couple takes out a ghs 80000 mortgage to buy a new


Question

A young couple takes out a GHS 80,000 mortgage to buy a new condominium. They finance the loan the loan at 7% compounded quarterly for 20 years.

To the nearest GHS 10, how much interest will they pay over the 20-year life of the loan?

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Financial Management: A young couple takes out a ghs 80000 mortgage to buy a new
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