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A $110,000 mortgage is amortized over 25 years. If interest on the mortgage is 4.2 percent compounded semi-annually, calculate the size of the monthly payments

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A $110,000 mortgage is amortized over 25 years. If interest on the mortgage is 4.2 percent compounded semi-annually, calculate the size of the monthly payments made at the end of each month. The monthly payment of the mortgage is $ (Use the TI BA II Plus financial calculator and enter your answer rounded to the nearest cent.)

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