osiharprasad8485 osiharprasad8485
  • 06-06-2023
  • Mathematics
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You bought a house for 595,000 at 5% interest compounded monthly for 35 years. If you make equal payments for 7 years, what is your equity in the home at the end of the 7th year? Assume the market value of the home stayed the same over the 7 years:

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