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A young executive is going to purchase a vacation property for investment purposes. She needs to borrow $126,000.00 for 25 years at 6.3% compounded monthly.

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A young executive is going to purchase a vacation property for investment purposes. She needs to borrow $126,000.00 for 25 years at 6.3% compounded monthly. (Round all answers to the nearest cent.) a) (2pts.) What is the monthly payment amount? b) (2pts.) What is the unpaid balance after 15 months? c) (3pts.) During this time period, how much interest did she pay

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