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A mortgage of $100,000 at 5.5% annual effective interest rate is being repaid by level annual payments at the end of each year for 30

A mortgage of $100,000 at 5.5% annual effective interest rate is being repaid by level annual payments at the end of each year for 30 years. Determine the interest paid in the gth payment. 5197 6021 2119 4762 3581

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