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Determine the monthly payment for the following mortgages of $90,000 each. Mortgage Interest Rate (%) Maturity (In Months) Payment A 10 360 B 11 300
- Determine the monthly payment for the following mortgages of $90,000 each.
Mortgage | Interest Rate (%) | Maturity (In Months) | Payment |
A | 10 | 360 |
|
B | 11 | 300 |
|
C | 9 | 300 |
|
D | 8 | 260 |
|
Professor gave us the answers, I just need to see the work
a.
$789.81
b.
$882.10
c.
$775.27
d.
729.67
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