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book Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman cover

Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman

Edition 7ISBN: 978-1285448596
book Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman cover

Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman

Edition 7ISBN: 978-1285448596
Exercise 11
Suzanne Arthurs purchased a home with a $146,100 mortgage at 6.5% for 30 years. Calculate the monthly payment and prepare an amortization schedule for the first three months of Suzanne's loan.
Suzanne Arthurs purchased a home with a $146,100 mortgage at 6.5% for 30 years. Calculate the monthly payment and prepare an amortization schedule for the first three months of Suzanne's loan.
Explanation
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Consider a mortgage amount
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Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
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