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A $100,000 mortgage loan at 7.6% compounded semiannually has a 25-year amortization period. If the interest rate were 1% lower (that is, 6.6% compounded semiannually),

A $100,000 mortgage loan at 7.6% compounded semiannually has a 25-year amortization period. If the interest rate were 1% lower (that is, 6.6% compounded semiannually), what loan amount would result in the same monthly payment? 108,273.43 110,210.17 109,166.03 none of them

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