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Homework: Homework Section... Question 1,8.5.17 Part 1 of 7 HW Score: 35.19%, 3.17 of 9 points Points: 0 of 1 Save A borrower has taken

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Homework: Homework Section... Question 1,8.5.17 Part 1 of 7 HW Score: 35.19%, 3.17 of 9 points Points: 0 of 1 Save A borrower has taken out a 30-year mortgage for $100.000 at an annual rate of 6% . Use the table to find the monthly payment for this mortgage b. Construct the first three lines of an amortization schedule for this mortgage c. Assume that the borrower has decided to pay an extra 550 per month to pay off the mortgage more quickly Find the first three ines of your payment schedule under this to Click the icon to view a table of monthly payments on a $1,000 loan Number of Years for the Loan Annual Interest Rate 3 4 10 20 30 49 $10.12 $6.06 $29.53 29.97 30.42 $22.58 23.03 5% 6% 10.61 11.10 6.60 7.16 23.49 $4.77 5.37 6.00 7.34 8.78 8% 31.34 24.41 12.13 13.22 8.36 9.65 10% 1296 32.27 33.21 25.36 26.33 14.35 11.01 10.29

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