Maurice Tutor

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Teaching Since: May 2017
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 10 Aug 2017 My Price 3.00

EAR versus APR

EAR versus APR. You have just bought a new warehouse. To finance the purchase, you have arranged for a thirty-year mortgage loan for 80% of the $2 500 000 purchase price. The monthly payment on this loan will be $13 400. What is the APR on this loan? The EAR?

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Maurice Tutor
(5)
Status NEW Posted 10 Aug 2017 10:08 PM My Price 3.00

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