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Ace Industries borrowed $110,000 amortized over 10 years at a rate of j12=4.8% with monthly payments (rounded up to the next cent). Calculate their final

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Ace Industries borrowed $110,000 amortized over 10 years at a rate of j12=4.8% with monthly payments (rounded up to the next cent). Calculate their final payment. Your Answer: Answer Question 6 (1 point) Listen Tim borrowed $20,000 at a rate of 6.16% compounded semi-annually (12). Calculate his monthly payments if he amortizes his payments over 5 years. Your

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