Changes in the general economy like changes in interest, Financial Management

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Changes in the general economy like changes in interest

1. A homeowner has just made the 24th payment on their $150,000 30-year fixed rate mortgage, with an interest rate of 4% compounding monthly. How much principal do they have remaining? Round your answer to the nearest dollar.

2. Changes in the general economy, like changes in interest rates or tax laws represent what type of risk? company-unique risk unsystematic risk diversifiable risk market risk.

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Financial Management: Changes in the general economy like changes in interest

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