4 You borrow $750,000 to purchase a house The annual mortgage is 3 5 , and the period of the mortgage is 30 years Payments are made monthly a) What is the monthly payment you will have to make on the mortgage b) What is the total interest you will have paid by the end of the mortgage

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4  You borrow $750,000 to purchase a house  The annual mortgage is 3 5 , and the period of the mortgage is 30 years  Payments are made monthly  a) What is the monthly payment you will have to make on the mortgage  b) What is the total interest you will have paid by the end of the mortgage

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4. You borrow $750,000 to purchase a house. The annual mortgage is 3.5%, and the period of the mortgage is 30 years. Payments are made

4. You borrow $750,000 to purchase a house. The annual mortgage is 3.5%, and the period of the mortgage is 30 years. Payments are made monthly. a) What is the monthly payment you will have to make on the mortgage? b) What is the total interest you will have paid by the end of the mortgage

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