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2 Please solve for monthly and annual mortgage payment for a fully amortizing loan. 1 1 2 3 4 5 6 7 8 9 10

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2 Please solve for monthly and annual mortgage payment for a fully amortizing loan. 1 1 2 3 4 5 6 7 8 9 10 11 12 Loan Principal Loan Term Interest Rate $4,000,000 15 10.00% #1 Annual #2 Monthly 13

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