Billy purchased a new house for $80,000. He paid $20,000 down payment andagreed to pay the…
Billy purchased a new house for $80,000. He paid $20,000 down payment andagreed to pay the remaining balance for the next 25 years in 25 equal end-of-yearpayments, plus 9% compound interest on the unpaid balance. What will these equalpayments be?Mar 17 2022 01:45 PM
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