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(1 point) Fifteen years ago a couple purchased a house for $220,000.00 by paying a 20% down payment and financing the remaining balance with a

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(1 point) Fifteen years ago a couple purchased a house for $220,000.00 by paying a 20% down payment and financing the remaining balance with a 30 -year mortgage at 6% compounded monthly; (a) Find the monthly payment for this loan. Monthly Payment: $ (b) Find the balance of the loan after 19 years and after 20 years. Let m be how many payments are loft on the loan. (c) Find the total amount of interest paid by the couple during the 20th year. Interest Paid During 20th yean $ (1 point) Fifteen years ago a couple purchased a house for $220,000.00 by paying a 20% down payment and financing the remaining balance with a 30 -year mortgage at 6% compounded monthly; (a) Find the monthly payment for this loan. Monthly Payment: $ (b) Find the balance of the loan after 19 years and after 20 years. Let m be how many payments are loft on the loan. (c) Find the total amount of interest paid by the couple during the 20th year. Interest Paid During 20th yean $

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