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some wants to borrow 400,000 dollars for a house with 20% down payment at 5% compounding monthly.calculate his monthly payment and the total interest for
some wants to borrow 400,000 dollars for a house with 20% down payment at 5% compounding monthly.calculate his monthly payment and the total interest for each of the following periods : a- 30 years, b- 15 years. c- compare the savings in interest if mortgage is for 15years?
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