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Education > Math Recreational > Re: Mortgage Qu...
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Re: Mortgage Question

by Mike <m.fee@[EMAIL PROTECTED] > Mar 31, 2008 at 04:38 PM

In article <47f05848$0$7965$9a6e19ea@[EMAIL PROTECTED]
>,
gneillREM@[EMAIL PROTECTED]
 says...
> "Mike" <m.fee@[EMAIL PROTECTED]
> wrote in message
> news:MPG.225adb9992d7e8549897f3@[EMAIL PROTECTED]
 

> > 
> > Poke in the 1% numbers and I get around 173.5 months (or 14.5 years),
> > which is pretty close to the 176 months that Sylvian calculated using
> > a slightly different formula. 
> 
> Strange, when I plug in the 1% value for the interest
> rate I get 175.6 months, which rounds up to 176.
> 
Not that strange - my thumbs are thicker than my calculator keys, so I
probably made a small input error. 

Mike
 




 8 Posts in Topic:
Mortgage Question
mm <jsex@[EMAIL PROTEC  2008-03-27 06:53:53 
Re: Mortgage Question
"Greg Neill" &l  2008-03-27 10:44:25 
Re: Mortgage Question
mm <jsex@[EMAIL PROTEC  2008-03-27 08:31:43 
Re: Mortgage Question
Mike <m.fee@[EMAIL PRO  2008-03-31 11:30:14 
Re: Mortgage Question
"Greg Neill" &l  2008-03-30 23:23:03 
Re: Mortgage Question
Mike <m.fee@[EMAIL PRO  2008-03-31 16:38:05 
Re: Mortgage Question
Sylvain Croussette <sy  2008-03-27 09:38:31 
Re: Mortgage Question
Ken Pledger <ken.pledg  2008-03-28 14:54:44 

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