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Based on Exhibit 7-1, what would be the monthly mortgage payments for each of the following situations? (Round your answers to 2 decimal places.) a.

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Based on Exhibit 7-1, what would be the monthly mortgage payments for each of the following situations? (Round your answers to 2 decimal places.) a. A $164,500, 25-year loan at 6.5 percent b. A $221,000, 20-year loan at 5 percent. C A S202,000, 25-year loan at 6 percent

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