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3 8 What is the payment in month 3 3 6 on a 3 0 - year loan for $ 9 2 5 , 0

38

What is the payment in month

336

on a

30 -

year loan for $

925, 000

4.85 %

that requires

interest only payments for the first eight years and fully amortizing payments for the

remaining years of the loan?

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