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Moodle O c. $244,873.41 Od $257,270.12 O e. $262,090.24 N South Beach Inc. purchased a property for $2.25 million. The firm made a down payment

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Moodle O c. $244,873.41 Od $257,270.12 O e. $262,090.24 N South Beach Inc. purchased a property for $2.25 million. The firm made a down payment of 20 percent of the purchase price in cash and financed the balance. The loan terms require monthly payments for 5 years at an annual percentage rate of 3.57 percent, compounded monthly. What is the amount of each mortgage payment? PI 5 O a. $21,312.35 Ob. $21,945.15 Oc. $22,322.35 O d. $32,801.60 O e. $37,065,43 NO You won a lottery years ago. The value of his winnings at the time was $200,000. You invested this money such that it will provide annual payments of $15,400 a vrantovaunhelmsforever. What is the rate ofretum

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