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You take out a 30-year $300,000 mortgage loan with an APR of 9 percent and monthly payments. What are the monthly payments? If you decide

You take out a 30-year $300,000 mortgage loan with an APR of 9 percent and monthly payments. What are the monthly payments? If you decide to sell the house at the end of 14 years, what will the balance at that time be? Show your work and use Excel to find your answer.

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