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Maji took out a mortgage of $730,000 for a house and just made the 119 th end of month payment. Interest on the loan was
Maji took out a mortgage of $730,000 for a house and just made the 119 th end of month payment. Interest on the loan was 4.09% compounded monthly and the mortgage has a period of 17 years. Round ALL answers to two decimal places if necessary. 1) What are her monthly payments? 2) What is her current outstanding balance after the 119 th payment? Maji took out a mortgage of $730,000 for a house and just made the 119 th end of month payment. Interest on the loan was 4.09% compounded monthly and the mortgage has a period of 17 years. Round ALL answers to two decimal places if necessary. 1) What are her monthly payments? 2) What is her current outstanding balance after the 119 th payment
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