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Could someone solve this problem by excle or a financial

Your family purchased a house three years ago. When you bought the house you financed it with a $160,000 mortgage with an 8.5 percent nominal interest rate(compounded monthly). The mortgage was for 15 years (180 months). What is the remaining balance on your mortgage today?

Could someone solve this problem by excle or a financial calculator? I rarely use formulas.

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Finance Basics: Could someone solve this problem by excle or a financial

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Finance Basics: Could someone solve this problem by excle or a financial

Reference No:- TGS0600708

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Recent Questions Asked Finance Basics

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Request for Solution File

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Finance Basics: Could someone solve this problem by excle or a financial

Reference No:- TGS0600708

Recent Questions Asked Finance Basics

Q : Assume that you have a cmos inverter with a perfectly

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