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keliam borrows the sum of $ 200,000 to acquire a cottage with a market value of $ 300,000. he agreed with his bank to repay

keliam borrows the sum of $ 200,000 to acquire a cottage with a market value of $ 300,000. he agreed with his bank to repay the loan by paying end-of-period monthly payments and that the loan should be fully amortized over a period of 20 years. his bank grants him the loan at the rate of 7% capitalized semi-annually, renegotiable in 4 years
A-To determine the monthly payment of idriss to be made
B- calculate the total amount paid by idriss to its bank immediately after the 48th payment
C- calculate the mortgage balance immediately after the 48th payment made by idriss
D- calculate the total amount of interest paid by idriss to its bank immediately after the 48th payment E- If in 4 years, at the time of renewal of the loan the mortgage rate is 6% capitalized semi-annually what will be your new monthly payment of idriss
this name is idriss

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