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A 30 year mortgage for $100,000 has been issued. The interet rate is 10% and payments are made anually. If your time value of money
A 30 year mortgage for $100,000 has been issued. The interet rate is 10% and payments are made anually. If your time value of money is 12%, what is the PW of the payments in Year-1 dollars if inflation is 0%, 3%, 6%, 9%?
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