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Calculating the monthly payments

Question: What will the monthly payment be if you take out a $100,000 15 year mortgage at an interest rate of 1% per month? The response must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format.

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## Q : Question based on investments

At the end of each year a self-employed person deposits $1,500 in a retirement account that earns 10 percent annually.