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Assume we have a PLAM for $450,000 mortgage with a 30-year term and monthly payments. The "real" loan rate is 3%, with i

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Assume we have a PLAM for $450,000 mortgage with a 30-year term and monthly payments. The "real" loan rate is 3%, with i

Posted: Sun Jul 03, 2022 6:43 am
by answerhappygod
Assume We Have A Plam For 450 000 Mortgage With A 30 Year Term And Monthly Payments The Real Loan Rate Is 3 With I 1
Assume We Have A Plam For 450 000 Mortgage With A 30 Year Term And Monthly Payments The Real Loan Rate Is 3 With I 1 (24.87 KiB) Viewed 14 times
Assume we have a PLAM for $450,000 mortgage with a 30-year term and monthly payments. The "real" loan rate is 3%, with inflation rates of 3% during the first year. What is loan balance at the end of the second year? O 534,328 435,823 453,823 O None of the given answers 443,852
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