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A borrower obtaine any amorting CPM can for 125,000 at 6 percent interest for 10 years Required: What will be the monthly payment on the

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A borrower obtaine any amorting CPM can for 125,000 at 6 percent interest for 10 years Required: What will be the monthly payment on the loan? b. If this loan had a maturity of 30 years, what would be the monthly payment? c. What is the diference in payment and why? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac)

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