You are planning to buy your dream house, which will cost you $250,000. You plan...

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Finance

You are planning to buy your dream house, which will cost you $250,000. You plan to get a 30-year conforming loan with an annual rate of 4% and a 20% down payment. Set up an amortization schedule (use Excel) for the mortgage to be repaid in equal installments at the end of each month for the next 30 years.

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