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1.) A ?$87,000 mortgage is to be amortized by making monthlypayments for 15 years. Interest is 3.2% compounded semi-annuallyfor a five?-year term.(a)Compute the size of

1.) A ?$87,000 mortgage is to be amortized by making monthlypayments for 15 years. Interest is 3.2% compounded semi-annuallyfor a five?-year term.(a)Compute the size of the monthly payme 2 answers

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