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Show transcribed image text Suppose you are considering borrowing dollar 140,000 to finance your house. The annual rate of interest is 15% and payments are made monthly. If the mortgage is on a 30-year schedule, what are the monthly payments you would have to make? (4.15)

Suppose you are considering borrowing dollar 140,000 to finance your house. The annual rate of interest is 15% and payments are made monthly. If the mortgage is on a 30-year schedule, what are the monthly payments you would have to make? (4.15)

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