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22p Amrita is purchasing property worth $1,390,000 with a down payment of $472,600 and quarterly payments at the end of every three months for 30

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22p Amrita is purchasing property worth $1,390,000 with a down payment of $472,600 and quarterly payments at the end of every three months for 30 years. If the interest rate of 3.27% compounded monthly for the 30 years: (a) What is the amount of each payment? Round the answer to the nearest cent. P/Y = CAY N- VY PVw $ PMT - $ FV = $ (b) What is the cost of financing? Round the answer to the nearest cent. Cost of financing = $ (enter a positive value) Next Question MacBook Pro

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