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A house is for sale for 195,000, if you take out a 6 year loan giving...

A house is for sale for 195,000, if you take out a 6 year loan giving 1.8% financing compounded monthly, what will the mortage be montly
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This can be solved using the Present value of annuity formula Present value of annuity is =P*(1-(1+r)^-n)/r P is Monthly Pa

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