Lawrence and Cynthia Tyler bought a large brand new house. They borrowed $275,000 which was to be amortized at 7.5% over 20 years. Use Table 14-1. Compute the size of the Tyler's monthly mortgage payment.

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The Answer of Lawrence and Cynthia Tyler bought a large brand new house. They borrowed $275,000 which was to be amortized at 7.5% over 20 years. Use Table 14-1. Compute the size of the Tyler's monthly mortgage payment.

Lawrence and Cynthia Tyler Bought a Large Brand New House