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anonymous

  • 5 years ago

Please can someone help in word problem?

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  1. anonymous
    • 5 years ago
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    whats the word problem?

  2. anonymous
    • 5 years ago
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    Part III: Mathematics of Finance You have just graduated from college and landed your first big job. You have always dreamed of being a homeowner, and after carefully shopping for your dream home, you find one that you would like to purchase at a cost of $250,000. After researching banks to find the best interest rate, you find that Banks for Homeowners offers the best rate of 6% interest that compounds monthly for 30 years. •What is the monthly payment for this loan? •What is the unpaid balance of the loan at the end of 5 years? •What is the unpaid balance at the end of the 10th year?

  3. anonymous
    • 5 years ago
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    This is the problem that I need help with

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spraguer (Moderator)
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