A $50 000 mortgage is amortized by monthly payments over 20 years. If interest is 4.29% compounded

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A $50 000 mortgage is amortized by monthly payments over 20 years. If interest is 4.29% compounded semi-annually, how much interest will be paid during the first 3 years?
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Contemporary Business Mathematics with Canadian Applications

ISBN: 978-0133052312

10th edition

Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs

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