Borrow 300000 for 9 years at a 7 rate loan will negatively


Borrow $300,000 for 9 years at a 7% rate. Loan will negatively amortize $40,000 by the end of the term. Determine the monthly payment.

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Finance Basics: Borrow 300000 for 9 years at a 7 rate loan will negatively
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