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For problems in this section, use Table 14-1 to find the monthly mortgage payments, when necessary. Refer to Narrative 14-1. Lynn has a mortgage of
For problems in this section, use Table 14-1 to find the monthly mortgage payments, when necessary. Refer to Narrative 14-1. Lynn has a mortgage of $55,000 at 3 6 % for 20 years. The property taxes are $1,900 per year, and the hazard insurance 4 premium is $780 per year. Find the monthly PITI payment. O a. $495.86 O b. $731.67 O c. $528.33 O d. $641.88
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