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A couple has decided to purchase a $150000 house using a down payment of $11000. They can amortize the balance at 11% over 15

A couple has decided to purchase a $150000 house using a down payment of $11000. They can amortize the balance at 11% over 15 years. a) What is their monthly payment? Payment = $ b) What is the total interest paid? Total interest paid = $ c) What is the equity after 5 years? Equity after 5 years = $ d) What is the equity after 10 years? Equity after 10 years = $

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