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4. How much interest will you pay in the 12th year of a $100,000, 5.5%, 25 year mortgage, assuming annual compounding? a. 3,999.631 b. 3,914.789
4. How much interest will you pay in the 12th year of a $100,000, 5.5%, 25 year mortgage, assuming annual compounding?
a. 3,999.631
b. 3,914.789
c. 3,956.149
d. 3,922.347
e. 3,931.961
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Teaching Public Budgeting And Finance
Authors: Meagan M. Jordan, Bruce D. McDonald III
1st Edition
1032146680, 978-1032146683
