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A mortgage loan of $7.2 million is to be paid in 21 years using equal monthly payments and the interest rate is 6.28%. A) What

A mortgage loan of $7.2 million is to be paid in 21 years using equal monthly payments and the interest rate is 6.28%. A) What would be the monthly payment? B) After 6 years: the interest rate decreases by 0.9%. What would be the new monthly payment?

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