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A buyer is getting a fully amortized loan for $220,000. The bank will give the buyer the loan for 15 years at 5.5% or for

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A buyer is getting a fully amortized loan for $220,000. The bank will give the buyer the loan for 15 years at 5.5% or for 30 years at 6.5%. To the nearest cent, what is the difference between the monthly payments for these two loans? (Be sure to use the amortization table.). A contract is terminated if . one of the parties decides not to go forward. B. a third party intervenes. c. It is impossible for one of the parties to perform. D. one party assigns his rights to another

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