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December 21, 2014

Homework Help: math

Posted by yassamin on Thursday, March 14, 2013 at 4:26pm.

A person purchased a $250000 home 5 years ago. he paid 20% down and signed a 30-year mortgage at 6% compounded monthly. what is the unpaid balance of the loan (now that 5 years are gone). i need answer with explanation

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