Dave purchased a new house for 170000 he put 30000 down and


Dave purchased a new house for $170000. He put 30000 down and agreed to pay the rest over the next 20 years in 20 equal end-of-year payments plus 7% compound interest on the unpaid balance. What will these equal payments be?

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Financial Management: Dave purchased a new house for 170000 he put 30000 down and
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