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A fully amortizing CAM loan is made for $138,000 at 6 percentinterest for 20 years.Required:a. What will be the payments and balances forthe first six

A fully amortizing CAM loan is made for $138,000 at 6 percentinterest for 20 years.Required:a. What will be the payments and balances forthe first six months?b. What would payments be for a CPM 1 answer

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