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Based on Exhibit 77, what would be the monthly mortgage payments for each of the following situations? (LO 7.3) a. A $140,000, 15-year loan at

Based on Exhibit 77, what would be the monthly mortgage payments for each of the following situations? (LO 7.3) a. A $140,000, 15-year loan at 6.5 percent. $1,219.40 b. A $215,000, 30-year loan at 5 percent. $1,154.55 c. A $165,000, 20-year loan at 6 percent. $1,181.40

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