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Daisy took out a mortgage of $545,000 for a house and just made the 78th end of month payment. Interest on the loan was 3.93%
Daisy took out a mortgage of $545,000 for a house and just made the 78th end of month payment. Interest on the loan was 3.93% compounded monthly and the mortgage has a period of 18 years. Round ALL answers to two decimal places if necessary. 1) What are her monthly payments? 2) What is her current outstanding balance after the 78th payment? BAL=$(entera positive value)
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