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Consider a $350,000 mortgage that is to be repaid over 25 years at 2.52% compounded semi- annually. Assume that the payments are done at the

Consider a $350,000 mortgage that is to be repaid over 25 years at 2.52% compounded semi- annually. Assume that the payments are done at the end of each month. Find the outstanding balance, interest and principal payment after 8 years.

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