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You have decided to get a $5,000,000 balloon mortgage with the following characteristics: 5 years amortization with monthly payments, 10% interest rate, and a $3,000,000

You have decided to get a $5,000,000 balloon mortgage with the following characteristics: 5 years amortization with monthly payments, 10% interest rate, and a $3,000,000 balloon amount in year 5 . What is the monthly payment

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