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Compute the monthly mortgage payment, total payments and total interest. (a) Mortgage loan of $150,000 at 10.5 percent per year for 25 years. (b) Mortgage
Compute the monthly mortgage payment, total payments and total interest. (a) Mortgage loan of $150,000 at 10.5 percent per year for 25 years. (b) Mortgage loan of $200,000 at 11.75 percent per year for 20 years.
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