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5 February, 11:58

Which of the following sections of code will calculate the monthly payment for a $150,000 house with a 30 year mortgage at an annual rate of 5.5%, and assign the result to dblMPay?

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  1. 5 February, 12:32
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    dblMPay = Pmt (dblAIntRate / 12, intYears * 12, - dblLoanAmt)

    Explanation:

    Dim dblAIntRate as Double = 5.5%

    Dim dblLoanAmt as Double = 150,000

    Dim intYears as Integer = 30

    Dim dblMPay as Double

    dblMPay = Pmt (dblAIntRate / 12, intYears * 12, - dblLoanAmt)
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