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When Heather bought her townhome, she got her mortgage through an online lending company. The mortgage was a personal, amortized loan for $93,500, at an
When Heather bought her townhome, she got her mortgage through an online lending company. The mortgage was a personal, amortized loan for $93,500, at an interest rate of 3.5%, with monthly payments for a term of 40 years. For each part, do not round any intermediate computations and round your final answers to the nearest cent. If necessary, refer to the list of financial formulas. (a) Find Heather's monthly payment. (b) If Heather pays the monthly payment each month for the full term, find her total amount to repay the loan. (c) If Heather pays the monthly payment each month for the full term, find the total amount of interest she will pay Continue 2022 MLLC Ats Reserve Some of the C Submit Assignment 45PM
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