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17. To purchase a new house, a person obtains a $400,000 mortgage at an annual interest rate of 1.2% compounded monthly over a term of

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17. To purchase a new house, a person obtains a $400,000 mortgage at an annual interest rate of 1.2% compounded monthly over a term of 30 years. Calculate each of the following to the nearest dollar: a. Monthly payment b. Interest paid with the 60th payment c. Principal repaid with the 60th payment d. Total interest paid over the term

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