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Stephen took out a mortgage of $ 7 9 4 , 0 0 0 for a house and just made the 1 1 9 th
Stephen took out a mortgage of $ for a house and just made the th end of month payment. Interest on the loan was compounded monthly and the mortgage has a period of years. Round ALL answers to two decimal places if necessary.
What are his monthly payments?
PY CY N
IY PV $ FV $
PMT $
What is his current outstanding balance after the th payment?
BAL $ enter a positive value
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