Suppose you want to borrow $125000.and you find a bank offering a 20-year loan with...
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Suppose you want to borrow $125000.and you find a bank offering a 20-year loan with an APR of 3% a. Find your regular payments if you pay n=1, 12, 26, 52 times a year. b. Compute the total payout for each of the loans in part (a). c. Compare the total payouts computed in part (b)
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