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A financial institution is offering a $100,000 mortgage at a quo Assume the mortgage is amortized over 25 years and paymen mortgage payments? 100,000 mortgage

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A financial institution is offering a $100,000 mortgage at a quo Assume the mortgage is amortized over 25 years and paymen mortgage payments? 100,000 mortgage at a quoted semiannual rate of 6 percent. over 25 years and payments are made monthly. What are the

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