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Assume Jimmy borrows $554,238.40 today for a house mortgage, and plans to pay back in full after paying for 20 years. If the interest rate

Assume Jimmy borrows $554,238.40 today for a house mortgage, and plans to pay back in full after paying for 20 years. If the interest rate is 10.2% and it will compound semiannually, how much should Jimmy pay each year?

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