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Adam bought a house for $220000. He is making a 20% down payment and finance the rest through a mortgage loan with an interest rate

Adam bought a house for $220000. He is making a 20% down payment and finance the rest through a mortgage loan with an interest rate of j4=5.5%j4=5.5%. Calculate the monthly payment for the following time periods: a) 20 years: $ b) 25 years: $ c) 30 years: $

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