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Consider a growing equity mortgage on a $250,000 mortgage with yearly payments. The stated interest rate on the mortgage is 6%, but this only applies

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Consider a growing equity mortgage on a $250,000 mortgage with yearly payments. The stated interest rate on the mortgage is 6%, but this only applies to the 1st annual payment. Thereafter, the annual payment will grow by 5.5797%. Required: Develop an amortization table for this loan

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