For a 85000 mortgage with a 30-year term and a 12 nominal


For a $85,000 mortgage with a 30-year term and a 12% nominal interest rate, write an equation using engineering economy factors for the outstanding balance after 2 years of payments?

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Business Economics: For a 85000 mortgage with a 30-year term and a 12 nominal
Reference No:- TGS02602501

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