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(3.0) 3. To buy a condo you take out a $145,000 loan for 20 years at 7.2% to be paid of in monthly installments. a)

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(3.0) 3. To buy a condo you take out a $145,000 loan for 20 years at 7.2% to be paid of in monthly installments. a) What is the monthly payment? b) What is the balance that you will still owe after 15 years? c) What is the total interest that you have paid after paying off the loan

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