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4) What are the monthly payments for a $340,000, 30-year mortgage at 4.2%? Show work with formula PV= P {1- (1+ r/n)-nt ________________ r/n

4) What are the monthly payments for a $340,000, 30-year mortgage at 4.2%?

Show work with formula

PV= P {1- (1+ r/n)-nt

________________

r/n

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