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Please show formula with variables and then with numbers plugged in please! /courses/17723... a * R G h. A Question 16 7 pts Nou decide

Please show formula with variables and then with numbers plugged in please! image text in transcribed

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/courses/17723... a * R G h. A Question 16 7 pts Nou decide to borrow $400000 to build a new home. The bank charges an interest rate of 6% compounded monthly. If you pay back the loan over 20 years, what will your monthly payments be (rounded to the nearest dollar)

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