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Illustration 3: You borrow $80,000 to be repaid in equal monthly installments for 30 years. The Annualized Percentage Rate (APR) is 9%. What is the

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Illustration 3: You borrow $80,000 to be repaid in equal monthly installments for 30 years. The Annualized Percentage Rate (APR) is 9%. What is the monthly payment

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