Question: 1|]. En'n is purchasing a house priced at $242.00D using a 3&year xedrate mortgage with a 3.9% interest rate. She wants to know how much
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1|]. En'n is purchasing a house priced at $242.00D using a 3&year xedrate mortgage with a 3.9% interest rate. She wants to know how much faster she could pay off her mortgage if she made one extra monthly payment each year. Work with Erin to calculate the number of months by answering the questions below. Ignore any property taxes or PMI payments. {5 points: Part I 1 point; Part II 1 point; Part III 1 point; Part IV 1 point; Part V 1 point] Part I: What is Erin's monthly payment
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