The Savoias bought an investment property valued at $160,000 by paying 25% down and mortgaging the balance over 25 years through equal monthly… | Cheap Nursing Papers

The Savoias bought an investment property valued at $160,000 by paying 25% down and mortgaging the balance over 25 years through equal monthly…

The Savoias bought an investment property valued at $160,000 by paying 25% down and mortgaging the balance over 25 years through equal monthly payments at 6% compounded monthly. What was the size of the monthly payments?

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