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Determine the monthly payment for a thirty year real estate

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Determine the monthly payment for a thirty-year real estate loan with an annual percentage rate of 8.5% and an initial principal of $200,000. How much interest is paid over the life of the loan?

Reference no: EM131137488

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Determine the monthly payment for a thirty year real estate : Determine the monthly payment for a thirty-year real estate loan with an annual percentage rate of 8.5% and an initial principal of $200,000. How much interest is paid over the life of the loan?
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