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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 $138,500, 30-year loan at 6.0 percent. | $ | |
b. | A $216,500, 15-year loan at 5.0 percent. | $ | |
c. | A $173,000, 15-year loan at 6.5 percent. | $ | |
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