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Consider a 30-year fixed-rate mortgage for $75,000 with an interest rate of 6%, what is the monthly payment (principal and interest) on this loan? O

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Consider a 30-year fixed-rate mortgage for $75,000 with an interest rate of 6%, what is the monthly payment (principal and interest) on this loan? O $449.66 O $899.33 O $712.67 O $475.11 O $ $599.55 Question 2 10 pts Consider a 30-year fixed-rate mortgage (with monthly amortization) for $120,000 with an interest rate of 4%, what is the balance after 5 years? $108,537 o $103,175 O $97,449 $120.373 $113.692

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