Narrative 14-2
For problems in this section, use Table 14-1 from your text to find monthly mortgage payments.
-Refer to Narrative in your text 14-2. Find the monthly PITI payment for a mortgage of $96,000 at a rate of 6% for 20 years with annual property taxes and hazard insurance premium of $3,850 and $884 respectively.
Correct Answer:
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Q90: Narrative 14-2
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Q91: Narrative 14-2
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Q92: Narrative 14-2
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Q93: Narrative 14-2
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Q94: Narrative 14-2
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Q96: Narrative 14-2
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Q97: Narrative 14-2
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Q98: Narrative 14-2
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Q99: Narrative 14-2
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Q100: Narrative 14-2
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