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Daniel and Shauri have a 30-year mortgage. They borrowed $177,259 and their monthly payment is $1,205.79. If they
make all of their payments exactly as scheduled, how much total interest will they pay?
Suppose that $425 is invested each quarter into an account paying 6% for 20 years. Find the total interest earned.
If n 100 and i 0.0045, fi nd s _n (^) | (^) i and a _n (^) | (^) i.
Chapter 4 Exercises 207