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Answer in excel Assume a $1,000,000.00 30 year real estate loan with a Stated Annual Rate of 5.5%, and a $500,000.00 Balloon (remaining unpaid balance

Answer in excel

Assume a $1,000,000.00 30 year real estate loan with a Stated Annual Rate of 5.5%, and a $500,000.00 Balloon (remaining unpaid balance at the end of 30 years). a (5) What is the total MONTHLY payment ?

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