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Question: Suppose that you just borrowed $300,000 using a 30-year loan with an annual interest rate of 9% with monthly payments and compounding. In order to obtain the loan you had to …

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Suppose you borrow $300,000 at 4% for 30 years, monthly payments. The APR on the loan is 4.25%. What amount of points were charged if there was $5,000 origination cost?

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1.Suppose You Want To Have $300,000 For Retirement In 30 Years....

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