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Posted on Aug 27, 2024

Your friend is going to borrow $ 8 7 , 5 0 0 using a 1 5 year mortgage with a 5 . 2 5

Your friend is going to borrow $

87, 500

using a

15

year mortgage with a

5.25 %

APR. Which of the following could you type into Excel to find her monthly mortgage payment?

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