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A mortgage loan will be paid by leveled monthly installments due over 30 years. It is known that the total principal paid in the first
A mortgage loan will be paid by leveled monthly installments due over 30 years. It is known that the total principal paid in the first 20 years of the loan is 80% of the principal paid in the final 10 years. Find the monthly convertible face interest rate of the loan.
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