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A young executive is going to purchase a vacation property for investment purposes. She needs to borrow $ 1 0 4 , 0 0 0

A young executive is going to purchase a vacation property for investment purposes. She needs to borrow $104,000.00 for 29 years at 5.9% compounded monthly, and will make monthly payments of $624.68.(Round all answers to 2 decimal places.)

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