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Sarah secured a bank loan of $175,000 for the purchase of a house. The mortgage...

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Finance

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Sarah secured a bank loan of $175,000 for the purchase of a house. The mortgage is to be amortized through monthly payments for a term of 15 years, with an interest rate of 3%/Year component monthly Determine Sarah's monthly payment, in dollars. (Round your answer to the nearest cont.) on the unpaid balance, She plans to sell her house in 10 years. How many payments have been made at that point? x payments How much in dollars) will Sarah stilowe on the house? (Round your answer to the nearest cont.) $

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