Given the following information on a fixed-rate fully amortizing loan, determine the maximum amount that the lender will

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answerhappygod
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Given the following information on a fixed-rate fully amortizing loan, determine the maximum amount that the lender will

Post by answerhappygod »

Given the following information on a fixed-rate fully amortizing
loan, determine the maximum amount that the lender will be willing
to provide to the borrower: loan term: 30 years; monthly payment:
$2,000; interest rate: 4%.
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