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2) A mortgage of $300,000 is repaid over 25 years with monthly payments and an interest rate of 5% compounded semi-annually. Determine (14.2) The size

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2) A mortgage of $300,000 is repaid over 25 years with monthly payments and an interest rate of 5% compounded semi-annually. Determine (14.2) The size of the monthly payments b. the interest paid in the 215th payment the principle repaid in the 294th payment d. How much is still owing (principle outstanding) after 6 years of payments

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