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7. Use your financial calculator to determine the monthly payments for each of the following $91,300 mortgage loans. Assume no prepayments. a. 30-year fixed
7. Use your financial calculator to determine the monthly payments for each of the following $91,300 mortgage loans. Assume no prepayments. a. 30-year fixed at 9 percent b. 15-year fixed at 8 percent c. 20-year fixed at 8.5 percent Click on the table icon to view the MILPF table 1. a. The monthly payment, PMT, on the 30-year loan is $ (Round to the nearest cent.) b. The monthly payment, PMT, on the 15-year loan is $ (Round to the nearest cent.) c. The monthly payment, PMT, on the 20-year loan is $ (Round to the nearest cent.)
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