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Problem 6 Intro You are about to take out an amortizing mortgage (term loan) for $510,000 with monthly payments to buy a house. The interest

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Problem 6 Intro You are about to take out an amortizing mortgage (term loan) for $510,000 with monthly payments to buy a house. The interest rate is quoted as an APR. A B 510,000 1 Amount 2 Term (years) 3 Quoted interest rate 10 0.033 Attempt 1/10 for 10 pts. Part 1 What is your monthly payment? 0+ decimals Submit Part 2 Attempt 1/10 for 10 pts. What is the effective annual rate on the loan? 4+ decimals Submit

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