To buy a new house you must borrow 150000 your mortgage
To buy a new house, you must borrow $150,000. Your mortgage payments, which are made at the end of each year (one payment each year), include both principle and 10% interest on the declining balance. What amount will your annual payment be?
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to buy a new house you must borrow 150000 your mortgage payments which are made at the end of each year one payment
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