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

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

a. A 157,500, 30 year loan at 7%

b. A 215,500, 15 year loan at 5.5%

c. A 196,500, 15 year lone at 7%

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