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6. Evaluate the monthly payments on a 30 year mortgage of $1,200,000 and 6.80% annual rate. How much does the borrower owe after sixteen years

6. Evaluate the monthly payments on a 30 year mortgage of $1,200,000 and 6.80% annual rate. How much does the borrower owe after sixteen years (you dont need an amortization table to answer)?

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