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George has just taken on an 6%, $300,000 mortgage and he would like to pay it off in some years. By how much will your

George has just taken on an 6%, $300,000 mortgage and he would like to pay it

off in some years. By how much will your monthly payment have to change to accomplish

this objective for the following below years?

(a) 15 years

(b) 30 years

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