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a) Determine what inflation rate can equate the after-tax real interest rate with the before-tax real interest rate (5 Points). b) Suppose you take out

a) Determine what inflation rate can equate the after-tax real interest rate with the before-tax real interest rate (5 Points). b) Suppose you take out a 30-year mortgage of $100,000 with a fixed interest rate of 5 percent. You must make 360 equal monthly payments. Write an EQUATION that defines what the payment is?

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