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If you have a $150,000 30-year 5% mortgage on a house in LA. a) Calculate the monthly payment of the loan (assuming equal payment at

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If you have a $150,000 30-year 5% mortgage on a house in LA. a) Calculate the monthly payment of the loan (assuming equal payment at the end of each month) (10 marks) b) How much of your first monthly payment would go toward interest? (4 marks) c) what is the principal payment

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