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? asked in Education & ReferenceHomework Help · 2 years ago

Vanna has just financed the purchase of a home for $200 000.?

Update:

She agreed to repay the loan by making equal monthly blended payments of $3000 each at 4%/a, compounded monthly

How long will it take to repay the loan

How much will be the final payment

Determine how much interest she will pay for her loan

Use Microsoft Excel to graph the amortization of the loan (Hint: Graph outstanding principal vs. month

How much sooner would the loan be paid if she made a 15% down payment

How much would Vanna have saved if she had obtained a loan 3%/a, compounded monthly

1 Answer

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  • ?
    Lv 7
    2 years ago

    Vanna could have bought a vowel for much less than that.

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