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2. If you borrow money to buy a small company for $450,000 and the mortgage balance is to be paid off monthly over 30 years

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2. If you borrow money to buy a small company for $450,000 and the mortgage balance is to be paid off monthly over 30 years at a 7.5 percent (APR) rate of interest on the unpaid balance, what are the equal end-of-month payments? (3 pts) In the last problem, how much of payment #35 is interest? (1 pt)

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