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Consider a mortgage with a balance of $ 2 5 0 , 0 0 0 , that carries a 5 % fixed - rate interest
Consider a mortgage with a balance of $ that carries a fixedrate interest and has years remaining to maturity. Would you benefit in any way from making an extra payment of $ each month on the mortgage? If so is there any reason not to make the extra payment? Explain.
Consider a mortgage with a balance of $ that carries a fixedrate interest and has years remaining to maturity. Would you benefit in any way from making an extra payment of $ each month on the mortgage? If so is there any reason not to make the extra payment? Explain.
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