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Suppose that Emily and Paul purchase a $200,000 home in 5 years and make 340,000 down payment immediately. Find the monthly mortgage payment assuming that

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Suppose that Emily and Paul purchase a $200,000 home in 5 years and make 340,000 down payment immediately. Find the monthly mortgage payment assuming that the remaining balance is financed at a 3% fixed rate for 15 years. What if its mortgage term is 30 years

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