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a Financial institution offers a 10 year mortgage at an annual rate of 6% compounded monthly. a. the monthly payment for $150,000 mortgage? b. The

a Financial institution offers a 10 year mortgage at an annual rate of 6% compounded monthly.

a. the monthly payment for $150,000 mortgage?

b. The principle that remain after seven years?

c. the new payment if the interest-rate goes up to 8.4% after seven years

d. The total interest paid on the loan if the interest rate changes as described in part C?

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