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1. A 30-year mortgage loan is made for $80,000 and interest rate is 9%. Constant payments are to be made monthly. a. What is loan

1. A 30-year mortgage loan is made for $80,000 and interest rate is 9%. Constant payments are to be made monthly. a. What is loan amount? b. If the loan is to be fully repaid in 30 years, what is the periodic payment amount? C. When would the outstanding loan balance remain unchanged by the end of 30 years? And what type of loan is it

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