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A builder is offering $119,757 loans for his properties at 9percent for 25 years. Monthly payments are based on current marketrates of 9.5 percent and

A builder is offering $119,757 loans for his properties at 9percent for 25 years. Monthly payments are based on current marketrates of 9.5 percent and are to be fully amortized over 25 years.The pr 2 answers

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