mizbambiz mizbambiz

24-01-2021
Mathematics

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Johnson Company just acquire a building for $200,000 through financing from Bank of America at a 5% annual interest rate, with 20 years to maturity of the loan. What would be Johnson Company's monthly mortgage payment?

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joshbcarranza joshbcarranza

24-01-2021

What are you even supposed to do

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elyashamid elyashamid

24-01-2021

10% __ $20000
5%__ $10000
20years *$10000=$200000

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