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#9. Amin is taking out a 25 year mortgage for $850'000 @ 2% compounde semi-monthly. Calculate a) Each semi-monthly payment. [4] b) The interest

#9. Amin is taking out a 25 year mortgage for $850'000 @ 2% compounde semi-monthly. Calculate a) Each semi-monthly payment. [4] b) The interest he pays on this mortgage [2]

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