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A $120,000 mortgage is amortized over 25 years. If interest on the mortgage is 5.5 percent compounded semi-annually, calculate the size of monthly payments made

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A $120,000 mortgage is amortized over 25 years. If interest on the mortgage is 5.5 percent compounded semi-annually, calculate the size of monthly payments made at the end of each month. O A. $732.47 O B. $637.47 OC. $723.47 OD. $673.47

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