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(1 point) Fitteen years ago a couple purchased a house for $190,000.00 by paying a 20% down payment and financing the remaining balance with a

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(1 point) Fitteen years ago a couple purchased a house for $190,000.00 by paying a 20% down payment and financing the remaining balance with a 30-year mortgage at 4.2% compounded monthly (a) Find the monthly payment for this loan Monthly Payment: $ (1) Find the balance of the loan atter 13 years and atter 14 years. Let n be how many payments are left on the loan. Alter 13 years After 14 years Loan Balance $ Loan Balance: $ (c) Find the total amount of Interest paid by the couple during the 14th year. Interont Pald During 14th year: 5

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