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Please show all work and decimal places. Do not round. A family has a $106,084, 20-year mortgage at 7.2% compounded monthly. Find the monthly payment.
Please show all work and decimal places. Do not round.
A family has a $106,084, 20-year mortgage at 7.2% compounded monthly. Find the monthly payment. Also find the unpaid balance after 5 years and after 10 years. A family has a $106,084, 20-year mortgage at 7.2% compounded monthly. Find the monthly payment. Also find the unpaid balance after 5 years and after 10 yearsStep by Step Solution
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