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Mortgage payment. You borrow $350,000 for your home at a 4.5% APR rate, where you will make equal monthly payments over 30 years to payoff
Mortgage payment. You borrow $350,000 for your home at a 4.5% APR rate, where you will make equal monthly payments over 30 years to payoff the loan.
-How much would your monthly payment be?
-After 72 months of making payments, what is the remaining balance on your mortgage loan?
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