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Assume an annual discount rate of 6%. You take out a 30-year mortgage with a monthly payment of $900. What is its present value? Multiple

Assume an annual discount rate of 6%. You take out a 30-year mortgage with a monthly payment of $900. What is its present value? Multiple Choice O O $150,112 $148,660 $305,660 $12,388
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Assume an annual discount rate of 6%. You take out a 30-year mortgage with a monthly payment of $900. What is ifs present value? Multiple Choice $150,112 $148.660 $305,660 512,388

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