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[6 points] Miles takes out a $300,00010-year mortgage with a 8% annual effective rate with payments made at the end of each month. He pays
[6 points] Miles takes out a $300,00010-year mortgage with a 8% annual effective rate with payments made at the end of each month. He pays a level amount except that the 60 th and 84 th payments will include an extra $10,000 in addition to the level payment. Calculate the level payment
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