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A bank offers a 30-year annuity with monthly payments of $100 (the first payment comes in 1 month from today) If the discount rate is

A bank offers a 30-year annuity with monthly payments of $100 (the first payment comes in 1 month from today) If the discount rate is 6%, compounded monthly, how much should this annuity cost today? 1 points Save Answer QUESTION 10 You wish to get a fully amortizing 20-year fixed rate mortgage for $100,000 with monthly payments. If the interest rate is 3%, compounded monthly, what will the monthly mortgage payment be

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