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Posted on Jul 26, 2024

Sara borrows 2 5 0 , 0 0 0 to buy a house. The mortgage rate is 9 percent per quarter, a BP of 1

Sara borrows

250, 000

to buy a house. The mortgage rate is

9

percent per quarter, a BP of

10, 0000

and the loan period is

25

years. What is the quarterly payment.

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