1. You take out a $250,000 30 year mortgage with monthly payments and a rate of 3.5%...

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1. You take out a $250,000 30 year mortgage with monthly payments and a rate of 3.5% monthly compounded. What is your monthly mortgage payment? 2. You take out a $250,000 30 year mortgage with monthly payments and rate of 3.5% monthly compounded. What is the loan balance by the end of year 15

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1. You take out a $250,000 30 year mortgage with monthly payments and a rate of 3.5%...

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