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(Loan amortization) Mr. BUS Preston, Esq. purchased a new house for $180,000. He paid $30.000 down and agreed to pay the rest over the next

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(Loan amortization) Mr. BUS Preston, Esq. purchased a new house for $180,000. He paid $30.000 down and agreed to pay the rest over the next 25 years in 25 equal end-of-year payments plus 15 percent compound interest on the unpaid balance. What will these equal payments be? The equal payments will be 5 (Round to the nearest cent)

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