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You borrow $500,000 to purchase a house. You will pay equal monthly payments over 30 years at an interest rate of % per month. (20

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You borrow $500,000 to purchase a house. You will pay equal monthly payments over 30 years at an interest rate of % per month. (20 points) Show your calculations What will your monthly loan payment be? How much would you still owe at the end of 25 years

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