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    Home Loan Repayment

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    Assume a thirty year loan of B=$100,000, constant borrowing rate r = 9% , inflation rate f = 3% and monthly repayments (i.e. m=12).

    Compute monthly repayments.

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    https://brainmass.com/business/finance/home-loan-repayment-141688

    Solution Summary

    This solution calculates month repayments on a loan, given the amount, constant borrowing rate, inflation rate and repayment schedule.

    $2.49

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