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Calculate the monthly payments for each of the following $ 1 0 0 , 1 0 0 mortgage loans. Assume no prepayments. a . 3

Calculate the monthly payments for each of the following $100,100 mortgage loans. Assume no prepayments.
a.30-year foxed at 7.50 percent
b.15-year fixed at 6,50 percent
c.20-year fixed at 7.00 percent Note: Round intermediate computations to at least live (5) decimal places.
Click on the table icon to view the Monthly Installment Loan Payment Factor (MILPF) table
a. The monthly payment, PMT, on the 30-year loan is $___(Round to the nearest cent.)

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