[Solved] A $152,400 loan is taken out at 11.5% for 25 years, for the purchase of a house. The loan requires monthly payments. Determine the total amount
Question: A $152,400 loan is taken out at 11.5% for 25 years, for the purchase of a house. The loan requires monthly payments.
Determine the total amount repaid over the life of the loan.
Deliverable: Word Document 
(Solution Library) A $152,400 loan is taken out at 11.5% for 25
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