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Carl buys a $365,000 condominium with no down payment and payments due at the end of the month for 30 years. If the interest rate

Carl buys a $365,000 condominium with no down payment and payments due at the end of the month for 30 years. If the interest rate is 4.5%, compounded monthly, what will be the size of the monthly payment? b. How much of the first payment went to interest?

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