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Mathematics, 01.07.2020 15:01 volleyballfun24

Ramona has been approved for a 20-year, $200,000 mortgage at an annual interest rate of 3.7% compounded monthly. Calculate the monthly payment on the loan.
EV=PH1 + 3)
P[(1 + )" - 1
Sn=
The monthly payment on the loan is

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Ramona has been approved for a 20-year, $200,000 mortgage at an annual interest rate of 3.7% compoun...
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