Loan carries an annual percentage rate of 4.85 percent, Financial Econometrics

You borrowed $547,000 for the purchase of your new home.  This loan carries an annual percentage rate of 4.85 percent. It will be paid off through equal monthly payments including both principal and interest, over a 30-year period. What is the monthly payment required?

Posted Date: 3/14/2013 2:48:53 AM | Location : United States







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