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point ) fteen years ago a couple purchased a house for $ 2 5 0 , 0 0 0 . 0 0 by paying a

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fteen years ago a couple purchased a house for $250,000.00 by paying a 20% down payment and financing the remaining balance with a 30-year ortgage at 4.04% compounded monthly.
Find the monthly payment for this loan.
lonthly Payment: $
b) Find the balance of the loan after 14 years and after 15 years. Let m be how many payments are left on the loan.
\table[[After 14 years,,After 15 years,],[m=,,m=,],[Loan Balance: $,,Loan Balance: $,]]
(c) Find the total amount of interest paid by the couple during the 15 th year.
Interest Paid During 15th year: $
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