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Henry purcased property for $280,000. interest rate is 2.95% compounded semi annually, and has a 25 year ammortization period. calculate: a) his monthly payment b)

Henry purcased property for $280,000. interest rate is 2.95% compounded semi annually, and has a 25 year ammortization period.

calculate:

a) his monthly payment

b) how much did henry pay in total over the entire 25 year ammortization?

c) how much interest was paid over the 25 years?

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