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(a) worked out incorrectly; or (b) worked out correctly but using a method not specified in the problem statement; or (c) not8) A man wants to borrow $312,000 to buy a house. (5 points) a) What is the monthly payment on a 30 year mortgage of $312,000

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3.75 100x12 buri Given mortageage ammunt.DV= $312,400 interest, és per month 120 per month Compounding periods, n = 30x12 mon

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