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Posted on May 19, 2024

Ann obtains a fully amortizing 1 5 year Fixed Rate Mortgage with monthly payments for $ 4 , 5 0 0 , 0 0 0

Ann obtains a fully amortizing

15

year Fixed Rate Mortgage with monthly payments for $

4, 500, 000

5.38 % .

How much does Ann need to pay per month?

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