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a $35,000 mortgage taken out on june 1 is to be repaid by monthly payments rounded up to the nearest $10. the payments are due
a $35,000 mortgage taken out on june 1 is to be repaid by monthly payments rounded up to the nearest $10. the payments are due on the first day of each month starting july 1. the amortization schedule period is 13 years and interest is 7.6% compounded semi-annually for a six month term.construct an amortization schedule for the six month term.
a. what is the monthly payment rounded up to the nearest $10
b. create an amorization schedule for the six month term
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