# Question-10 Suppose you take out a 30-year mortgage of \$100,000 with a fixed interest rate of 5 percent. You must make 360 equal monthly payments. Write an equation that defines what the payment is? (5

suppose you take out a 30- year mortgage of \$100,000 with a fixed interest rate of 5%. You must take 360  equal monthly payment write an equation that defines what the payment is?

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