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Question: matlab only please...

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Matlab only please


27. The monthly payment M of a mortgage P for n years with a fixed annual interest rate r can be calculated by the formula: 2n 1+ 12 Determine the monthly payment of a 30-year $450,000 mortgage with inter- est rate of 4.2% (r=0.042). Define the variables P, r, and n and then use them in the formula to calculate M.
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