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4 . Suppose a borrower and lender agree to a 3 0 - year, monthly payment loan in which the interest rate is fixed for
Suppose a borrower and lender agree to a year, monthly payment loan in which the interest rate is fixed for the first years at and will change to at the beginning of year The loan is fully amortizing in all years. What will the payment be in month How much principal will be contained in that payment?
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