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Mary and John Morey Bought a Large Brand New House

Question 30

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Mary and John Morey bought a large brand new house. They borrowed $350,000 which was to be amortized at 6% over 30 years. Use Table 14-1. Compute the size of the Morey's monthly mortgage payment.​

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$350,000 ¸ $1,000 = ...

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