You have arranged to finance the remaining 130000 with a 30


Suppose you are buying your first condo for 145000 and you will make a 15000 down payment. you have arranged to finance the remaining 130000 with a 30 year monthly payment amortized mortgage at a 6% nominal annual interest rate, with the payment due in 1 month what will the monthly payments be?

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Financial Management: You have arranged to finance the remaining 130000 with a 30
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