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A couple buys a $290000 home, making a down payment of 15%. The couple finances the purchase with a 15
year mortgage at an annual rate of 3.4%. Find the monthly payment.
per month.
If the couple decides to increase their monthly payment to $1950, find the number of payments.
payments (give 2 decimal places)
which we would round up to
total payments.

Sagot :

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