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What is the balance remaining monthly mortgage payment if , three years ago, you borrowed $ 2 2 5 , 0 0 0 of the

What is the balance remaining monthly mortgage payment if, three years ago, you borrowed $225,000 of the purchase price of your new home with a fully amortizing 30-year fixed-rate, fixed-payment mortgage with a 5% annual interest rate? a) What is the monthly payment b) what is the balance remaining after 36 payments. Solve step by step.

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