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Please solve in Excel solutions. New condos in Sodosopa are available to purchase for $200,000. Typically, residents will make a 15% down payment and finance
Please solve in Excel solutions. New condos in Sodosopa are available to purchase for $200,000. Typically, residents will make a 15% down payment and finance the rest at 3.45% compounded quarterly for 11 years, 3 months. a. If you make mortgage payments at the end of every 3 months, how large will they be? Round to the nearest cent b. Calculate the total amount of interest paid on a Sodosopa condo. Round to the nearest cent
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