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Suppose a family has a 5200 000, 10-year mortgage at 6% compounded monthly (a) Find the monthly payment. (b) Find the unpaid balance after 6

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Suppose a family has a 5200 000, 10-year mortgage at 6% compounded monthly (a) Find the monthly payment. (b) Find the unpaid balance after 6 years Answers a) The monthly payment is (b) The unpaid balance after 6 years is

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