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You bought a house worth 5328,000. You paid 25% of the purchase price in cash and arranged a thirty-year mortgage with a rate of 4

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You bought a house worth 5328,000. You paid 25% of the purchase price in cash and arranged a thirty-year mortgage with a rate of 4 5% compounded semi-annually for the remaining balance. The mortgage has an amortization period of 30 years How much interest will you pay in the first 7 years (assuming that the first payment is made at the end of the first month) In the first 7 years, you will pay sin interest (Round the final answer to two decimal places as needed. Keep all decimal places as you work through the

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