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( Fixed Income Securities ) C ) A mortgagor borrows 1 7 5 , 0 0 0 to purchase an apartment. She will repay the
Fixed Income Securities C A mortgagor borrows to purchase an apartment. She will repay the
mortgage over years by making monthly payments to the lender. If the interest rate is
what is her monthly repayment?
D How much of her mortgage debt will she have paid off after payments?
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