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>> Question 4 of 9 Katherine purchased a house for $325,000. He made a down payment of 30.00% of the value of the house and
>> Question 4 of 9 Katherine purchased a house for $325,000. He made a down payment of 30.00% of the value of the house and received a mortgage for the rest of the amount at 3.92% compounded semi-annually amortized over 25 years. The interest rate was fixed for a 4 year period. a. Calculate the monthly payment amount. $0.00 Round to the nearest cent A Round to the nearest cent b. Calculate the principal balance at the end of the 4 year term. $0.00 Round to the nearest cent c. Calculate the monthly payment amount if the mortgage was renewed for years at 6.32% compounded semi-annually? SAVE PROGRESS $0.00 Round to the nearest cent c. Calculate the monthly payment amount if the mortgage was renewed for another 4 years at 6.32% compounded semi-annually? $0.00 Round to the nearest cent
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