Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Annette commits to a mortgage with an interest rate of 4% compounded monthly for the first 16 years and 3% compounded quarterly for the next 18 years. She pays $11639 at the beginning of every semi-annual period. How much was the original listing price on the house she purchased?
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