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A $240000 mortgage is amortized over 25 years. If interest on the mortgage is 3.39% compounded semi-annually, calculate the size of monthly payments made at
A $240000 mortgage is amortized over 25 years. If interest on the mortgage is 3.39% compounded semi-annually, calculate the size of monthly payments made at the end of each month. A. $1,375.47 B. $1,184.36 C. $1,700.00 D. $1,378.38
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