Urgent a house is priced at 125000 a down payment of 25000, Ask an Expert

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URGENT: A house is priced at $125,000. A down payment of $25,000 has been made. Equal payment will be installed every month, so that the loan can be repaid in 10 years. The annual interest rate is 12.00%, compounded monthly. What is the monthly payment for this purchase? (Show Process/work and Justify Answer please)

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Financial Management, Finance

Category:- Financial Management
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