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3 - K . What is the monthly payment on a $ 1 0 0 , 0 0 0 home loan if the rate is

3-K. What is the monthly payment on a $100,000 home loan if the rate is 7.5% APR, and the loan is made for a 15-year period?
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3-L. What is the monthly payment on a $100,000 home loan if the rate is 7.5% APR, and the loan is made for a 30-year period?
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