How much will your monthly payments be starting at month

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Question: You bought a house worth $ 318,000You paid 25% of the purchase price in cash and arranged a thirtyyear mortgage with a rate of 5.0% compounded semi- for the remaining balanceThe mortgage has an amortization period of 30 years.How much will your monthly payments be starting at the of the first month?

Reference no: EM133298038

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