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(Solved): please help. ive been shown 3 different formulas for the monthly payment and have gotten 3 different ...
please help. ive been shown 3 different formulas for the monthly payment and have gotten 3 different results.
Show all your work for the problems below to be able to earn partial credits. 1. A homebuyer borrows $250,000 to be repaid over a 20 year period with equal monthly payments beginning 1 month after the loan is made. Assume 0.5% monthly interest rate. Please calculate the values in the boxes where there exists a question mark and fill in the table.