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Posted on Sep 20, 2024

Calculate the monthly payment for a 1 5 year fixed loan at 3 . 4 % per year compounded monthly if you are borrowing $

Calculate the monthly payment for a

15

year fixed loan at

3.4 %

per year compounded monthly if you are borrowing $

315, 000.00 .

The loan is amortized. Round your answer to the nearest cent.

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