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A $ 4 3 4 , 6 9 3 mortgage is repaid with monthly payments over 3 0 years. The interest rate for the first
A $ mortgage is repaid with monthly payments over years. The interest rate for the first three year term is compounded semiannually. If the mortgage is renewed at compounded semiannually, what is the size of the monthly payments upon renewal?
a $
b
c $
d $
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