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You have found your dream home in Brandon Manitoba. The selling price is $350,000; you will put $30,000 down and obtain a 25-year fixed-rate mortgage
You have found your dream home in Brandon Manitoba. The selling price is $350,000; you will put $30,000 down and obtain a 25-year fixed-rate mortgage at 6% compounded semiannually. Assume that monthly payments begin in one month, what will each payment be?
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