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return to the course. Question 3 / 5 You are interested in purchasing a vacant lot for future development. You qualify for a $380,000 mortgage

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return to the course. Question 3 / 5 You are interested in purchasing a vacant lot for future development. You qualify for a $380,000 mortgage amortized over 20 years with an annual interest rate of 6%, compounded semi- annually. What will your monthly mortgage payment be? INCORRECT! Please check your calculations and try again. Hint: Second calculate the ENR. Submit Answer Clear Incorrect Answers PREVIOUS QUESTION NEXT

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