You wish to purchase a condo at a cost of 165000 you are, Financial Management

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You wish to purchase a condo at a cost of 165000 you are

You wish to purchase a condo at a cost of $165,000. You are able to make a down payment of $45,000 and will borrow for the rest.

If you take a 30-year mortgage loan at an interest rate of 3.8% that is compounded monthly, how much is your monthly payment?

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Financial Management: You wish to purchase a condo at a cost of 165000 you are

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Financial Management: You wish to purchase a condo at a cost of 165000 you are

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