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please answer me! a. Kate takes out a 25-year home loan of $550,000. The interest rate is 6% p.a. compounded monthly. Kate will make equal

please answer me!
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a. Kate takes out a 25-year home loan of $550,000. The interest rate is 6% p.a. compounded monthly. Kate will make equal monthly repayments starting from the end of the first month. Calculate the amount Kate needs to repay at the end of each month. (Round you answer to the nearest cent.)

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