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Mathematics, 08.08.2019 01:20 pattydixon6

03. to purchase a home, a couple borrowed $ 280,000 at 5.1% compounded monthly for 25 years. after making 70 payments, they plan to refinance at 4.2% compounded monthly for 15 years, with refinancing costs of $1100 added to the new loan. a) find the amount refinanced. b) find the new monthly payment.

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03. to purchase a home, a couple borrowed $ 280,000 at 5.1% compounded monthly for 25 years. after m...

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