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6. What is the present value annuity factor of $1at a discount rate of 15% for 15 years 7. John Black has taken a $150,000

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6. What is the present value annuity factor of $1at a discount rate of 15% for 15 years 7. John Black has taken a $150,000 mortgage on his house at an interest rate of 6% per year. If the mortgage calls for thirty equal annual payments, what is the amount of each payment

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