Question: Question 29 (1 point) Aviva is a home builder. In addition to building homes, Aviva has a financial services division which offers mortgage financing to

Question 29 (1 point) Aviva is a home builder. In addition to building homes, Aviva has a financial services division which offers mortgage financing to Aviva home buyers. As a promotion, Aviva is offering homebuyers a new $500,000 house now and a $500,000 house at the maturity date of their mortgage. Assume a 30 year amortization period, monthly payments and a nominal (quoted) rate of 3%. What are the monthly payments on the mortgage

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