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Aaron purchased a house for $ 4 5 0 , 0 0 0 . He made a downpayment of 2 0 % of the value

Aaron purchased a house for $450,000. He made a downpayment of 20% of the value of the house and received a mortgage for the rest of the amount at 4.75% compounded semi-annually for 25 years. The interest rate was fixed for a 5-year term a. Calculate the size of the monthly payments.
Round to the nearest cent
b. Calculate the principal balance at the end of the 5-year term..
Round to the nearest cent
c. Calculate the size of the monthly payments if after the first 5-year term the mortgage was renewed for another 5-year term at 4.50% compounded semi-annually?

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