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Calculating monthly mortgage payments Find the monthly mortgage payments on the following mortgage loans using either your calculator or the Excel spreadsheet. a . $

Calculating monthly mortgage payments
Find the monthly mortgage payments on the following mortgage loans using either your calculator or the Excel spreadsheet.
a. $180,000 at 9.0 percent for 10 years. Do not round intermediate calculations. Round the answer to the nearest cent. $
b. $105,000 at 5.5 percent for 20 years. Do not round intermediate calculations. Round the answer to the nearest cent.
c. $95,000 at 5 percent for 15 years. Do not round intermediate calculations. Round the answer to the nearest cent.
$
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