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Your company purchased a building with 5-year loan of $75,000. The interest rate is 4.25% compounded monthly. Calculate the following: Monthly payment Balance of the

Your company purchased a building with 5-year loan of $75,000. The interest rate is 4.25% compounded monthly. Calculate the following: Monthly payment Balance of the loan after the fifth payment Total amount of interest paid over the 5-year period

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