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You bought a house worth $315,000. You paid 25% of the purchase price in cash and arranged a 20-year mortgage with a rate of 4.0%

You bought a house worth $315,000. You paid 25% of the purchase price in cash and arranged a 20-year mortgage with a rate of 4.0% compounded semi-annually for the remaining balance. The mortgage has an amortization period of 20 years. How much will your monthly payments be (starting at the end of the first month)?

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