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Question 3 1 pts You take out an 19-year mortgage for $370,566 with an interest rate of 4.31% APR com- pounded monthly. The first payment
Question 3 1 pts You take out an 19-year mortgage for $370,566 with an interest rate of 4.31% APR com- pounded monthly. The first payment is next month. What are your monthly payments? Question 4 1 pts You need to fund a tuition payment of $49,883 in 19 months. You plan to make 10 equal monthly payments starting next month to your savings account to go toward your tuition. If your savings account pays 2.29% APR compounded monthly, how big must the payments be? (a/(1+c/1200)^f)
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