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What is the monthly payment on a 15 year, $350,000 mortgage loan, where interest rate is 3% per year, Compounded annually Compounded monthly Compounded daily

What is the monthly payment on a 15 year, $350,000 mortgage loan, where interest rate is 3% per year,

  1. Compounded annually
  2. Compounded monthly
  3. Compounded daily
  4. What are effective annual rates for 1,2, and 3 above?

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