Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Do not use excel to answer, i need good explanation.
Gurleen buys a house and takes out a mortgage of $150,000 at j2 = 6%, to be repaid over 20 years with weekly payments of R. What is the value of R?
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