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Assume you borrow a PLAM of $80,000 for 30 years. If real interest rate is 5% and inflation is expected to be 3% every year,

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Assume you borrow a PLAM of $80,000 for 30 years. If real interest rate is 5% and inflation is expected to be 3% every year, what is your monthly payment for the Second year? 0 412.56 442.34 467.28 496.44

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