Find the monthly payment

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A family has a $112,120, 15-year mortgage at 5.4% compounded monthly. Find the monthly payment. Also find the unpaid balance after 5 years and after 10 years.

Reference no: EM131373385

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Find the monthly payment : A family has a $112,120, 15-year mortgage at 5.4% compounded monthly. Find the monthly payment. Also find the unpaid balance after 5 years and after 10 years.
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