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Glenda purchases a house for $1,200,000. She makes a 20% down payment and finances the remainder through a 30- yr mortgage at an annual interest

Glenda purchases a house for $1,200,000. She makes a 20% down payment and finances the remainder through a 30- yr mortgage at an annual interest rate of 3.15%, compounded monthly (a). What is Glenda's monthly payment? (b) Assume that Glenda makes every payment for the life of the loan. Find her total payments? (c) How much interest does Glenda pay over the life of the loan

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