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What must be the end-of-the-month mortgage payment amount required to repay a loan of $234,000 in 30 years? Assume k = 0.05 (5%) with monthly
What must be the end-of-the-month mortgage payment amount required to repay a loan of $234,000 in 30 years? Assume k = 0.05 (5%) with monthly compounding.
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