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iefei takes out a $800,000.00 mortgage with a term of 3 years and an amortization period of 25 years. The interest rate on the mortgage
iefei takes out a $800,000.00 mortgage with a term of 3 years and an amortization period of 25 years. The interest rate on the mortgage is 3.250% compounded monthly and he will make bi-weekly payments. How much does he still owe when the term is over? a. $734,605.17. b. $778,681.48. c. $881,526.21. d. $800,719.64. e. $844,795.95..
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