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Use PMT= PA nt to determine the regular payment amount, rounded to the nearest cent. The cost of a home is financed with a

Use PMT= PA nt to determine the regular payment amount, rounded to the nearest cent. The cost of a home is financed with a $110,000 20-year fixed-rate mortgage at 3.5%. a. Find the monthly payments and the total interest for the loan. b. Prepare a loan amortization schedule for the first three months of the mortgage.

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