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Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
Edition 12ISBN: 978-0132605540Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
Edition 12ISBN: 978-0132605540 Exercise 149
Work the following application problems.
Billiards Galore purchases a commercial building for $680,000, pays 20 down, and finances the balance at
for 15 years. Taxes and insurance are $14,500 and $3200 per year, respectively. (a) Find the monthly payment. (b) Assume that insurance and taxes do not increase, and find the total cost of owning the building for 15 years, including the down payment.
Billiards Galore purchases a commercial building for $680,000, pays 20 down, and finances the balance at
for 15 years. Taxes and insurance are $14,500 and $3200 per year, respectively. (a) Find the monthly payment. (b) Assume that insurance and taxes do not increase, and find the total cost of owning the building for 15 years, including the down payment.Explanation
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This is a problem of finding the monthl...
Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
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