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A 25 year, $415,000 mortgage at 4.40% compounded semi-annually is repaid with monthly payments. a. What is the size of the monthly payments? $0.00 Round

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A 25 year, $415,000 mortgage at 4.40% compounded semi-annually is repaid with monthly payments. a. What is the size of the monthly payments? $0.00 Round to the nearest cent. b. Find the balance of the mortgage at the end of 7 years? $0.00 Round to the nearest cent

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