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Between two mortgages, what would be the effective annual rateon the additional amount borrowed under the second: (1) 6% $60,000for 25 years and (2) 6.5%
Between two mortgages, what would be the effective annual rateon the additional amount borrowed under the second: (1) 6% $60,000for 25 years and (2) 6.5% $65,000 for 30 years 1 answer
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