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20 May, 09:14

The Hugh's purchased a new condo for $1,000,000.00 at 8% for 30 years. What are the monthly payments?

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  1. 20 May, 09:26
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    1,000,000 x 1.08 = $1,080,000

    12month x 30 years = 360 months

    1,080,000/360 = $3000 per month
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