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In addition to your answer you must show your entries for N, I, PV, PMT, FV 3. You borrow $192,500 for the purchase of a

image text in transcribed In addition to your answer you must show your entries for N, I, PV, PMT, FV

3. You borrow $192,500 for the purchase of a home. Your loan is for 30 years with payments made monthly. The interest rate is 6.50%. How much will your monthly payment be

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