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A fully amortizing mortgage loan is made for $ 1 0 7 , 0 0 0 at 6 percent interest for 3 0 years. Required:
A fully amortizing mortgage loan is made for $ at percent interest for years.
Required:
a Determine payments if interest is accrued monthly.
b Determine payments if interest is accrued quarterly.
c Determine payments if interest is accrued annually.
d Determine payments if interest is accrued weekly.
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