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Amortgage contract for $48,400 written 10 years ago is just at theend of its second five-year term. The interest rates were 8%compounded semiannually for the

Amortgage contract for $48,400 written 10 years ago is just at theend of its second five-year term. The interest rates were 8%compounded semiannually for the first term and 7% compoundedsemiannual 2 answers

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