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Posted on Sep 20, 2024

A 2 5 - year, $ 9 0 , 0 0 0 mortgage carries an annual interest rate of 9 % compounded semiannually. B How

25 -

year, $

90, 000

mortgage carries an annual interest rate of

9 %

compounded semiannually. B How much is the monthly payment?What will be the future value of $

25, 000

to be received at the beginning of each year for

8

years given a

12 %

interest rate?

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