My teacher is not very apt in explaining, and I am getting frustrated. Thank you!
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Please help me! My teacher is not very apt in explaining, and I am getting frustrated. Thank you!

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Screen Shot 2020-01-05 at 1.44.51 PM.png

Top Answer

1). Monthly Payment = [Mortgage Amount * r] / [1 - (1 + r) -n ] = [$165,000 * (0.06725/12)] / [1 - {1 + (0.06725/12)}... View the full answer

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