Question: A $ 7 5 , 0 0 0 loan is taken out over a period of 1 5 years, compounding monthly at a rate of

A $75,000 loan is taken out over a period of 15 years, compounding monthly at a rate of interest of 2.67%. Calculate the total amount that needs to be repaid.
A $75,000 loan is taken out over a period of 15

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