Question: Please solve correctly asap... don't copy Suppose that a couple takes out a fixed rate mortgage for a small cottage. The amount borrowed will be

Please solve correctly asap... don't copy

Please solve correctly asap... don't copy Suppose that a couple takes out

Suppose that a couple takes out a fixed rate mortgage for a small cottage. The amount borrowed will be $73,000, which will be paid off in monthly payments over 15 years at a 11.5% interest rate. Find the monthly payment

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