Question: A $141,000 loan at 6% compounded semiannually will be repaid by monthly payments over a 25-year amortization period. (Round loan payment to the nearest cent.

A $141,000 loan at 6% compounded semiannually will be repaid by monthly payments over a 25-year amortization period. (Round loan payment to the nearest cent. Round your answer to 2 decimal places.) ...

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