Question: Consider a $ 1 0 0 , 0 0 0 mortgage paying a fixed annual interest rate of 4 % which is compounded monthly. What

Consider a $100,000 mortgage paying a fixed annual interest rate of 4% which is compounded monthly. What are the monthly repayments if the mortgage is to be repaid in 20 years? (Just leave your answer as a sum expression. No need to find the actual number.)
 Consider a $100,000 mortgage paying a fixed annual interest rate of

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