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Consider a mortgage with a balance of $102,000 having an amortization of 10 years and an interest rate of i(2) = 9.3%. Consider the first

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Consider a mortgage with a balance of $102,000 having an amortization of 10 years and an interest rate of i(2) = 9.3%. Consider the first row in the amortization table. Compute the following amounts. (Assume the payment is rounded up to the nearest penny.) Assume monthly payments. Opening Balance : 102000 Regular Interest: Regular Payments: Closing Balance

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