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11. Compute the balance, at 10 1/4 years, on a $145,000, 8.75%, 30 year mortgage, assuming monthly compounding. Get PMT first. P/YR = 12 PV

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11. Compute the balance, at 10 1/4 years, on a $145,000, 8.75%, 30 year mortgage, assuming monthly compounding. Get PMT first. P/YR = 12 PV 145,000, I/YR-8.75, N-30*12-360, PMT= 1,140.716 1 INPUT (you can enter anything except zero for input) 123 AMORT (10.25*12) a. 123,852.333 b. 125,521.257 c. 126,528.559 d. 128,479.625

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