This is my third hard questions about financial accounting The business owners, Jame claimed to...
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This is my third hard questions about financial accounting
The business owners, Jame claimed to have enough money and then he decided to buy a house, purchases will take out a $300,000 mortgage for 40 years at 8%, compounded monthly.
a/ How much is s Jame monthly mortgage payment?
b/ How much sooner would Jame pay off his mortgage if he made an additional $200 payment each month?
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