1)As a conventional 30-year mortgage is paid off, the amount of each payment that is allocated in interest will ______ over time and the amount that is allocated to principal will _____. (fall, rise, stay the same) ??<\/p>
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2) The market interest rate is 10%, and a perpetuity pays $50\/year, with the first $50 payment made TWO years from today. What is the present value of the perpetuity?<\/p>", "transcribed_text": "", "related_book": { "title": "International Marketing And Export Management", "isbn": "1292016922, 978-1292016924", "edition": "8th Edition", "authors": "Gerald Albaum , Alexander Josiassen , Edwin Duerr", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/652ce9c2c4de0_70261.jpg", "uri": "\/textbooks\/international-marketing-and-export-management-8th-edition-9781292016924", "see_more_uri": "" }, "free_related_book": { "isbn": "1930190107", "uri": "\/textbooks\/a-course-in-computational-number-theory-1st-edition-9781930190108", "name": "A Course In Computational Number Theory", "edition": "1st Edition" }, "question_posted": "2024-06-12 15:11:59", "see_more_questions_link": "\/study-help\/questions\/business-marketing-2022-June-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/a-heat-exchanger-is-incorporated-into-an-ideal-airstandard-refrigeration", "description": "A heat exchanger is incorporated into an ideal air-standard refrigeration cycle, as shown in Fig. P11.137. 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