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| rev | Admin | (Created page with "A man buys a home for 250000. He pays 30000 in cash. The balance will be paid with a 25 year mortgage with [nominal annual] interest at 8% compounded semiannually. Find the level payment required under the mortgage at the end of each month. <ul class="mw-excansopts"><li>1550</li><li>1430</li><li>1270</li><li>1680</li><li>1720</li></ul> '''References''' {{cite web |url=https://web2.uwindsor.ca/math/hlynka/392oldtests.html |last=Hlynka |first=Myron |website=web2.uwindso...") | Nov 26'23 at 23:30 | +581 |