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You have just taken out a mortgage for $575,000, at a fixed rate of 4.75% per year, compounded monthly (i.e. 0.3958% per month), and a
You have just taken out a mortgage for $575,000, at a fixed rate of 4.75% per year, compounded monthly (i.e. 0.3958% per month), and a term of 30 years. Calculate the monthly payments For th...
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