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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 $160,000, 15-year loan at 6.5 percent. $ b. A $215,000, 30-year loan at 5 percent. $ c. A $190,000, 20-year loan at 6 percent. $

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