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You have decided to buy a new apartment worth 675 million pesos. You have paid 50% of the initial installment and the remaining value has

You have decided to buy a new apartment worth 675 million pesos. You have paid 50% of the initial installment and the remaining value has led to a mortgage loan with the following conditions. Term 20 years, monthly payments, interest rate of 16% effective annual compounded monthly. The Bank offers you the possibility of paying it by French amortization and by German amortization. Show the two amortization tables for this loan and make a graph showing the evolution of the 240 monthly installments of the two types of amortization for 20 years.

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