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Jan sold her house on December 31 and took a $40,000 mortgage aspart of the payment. The 10-year mortgage has a 6% nominal interestrate, but

Jan sold her house on December 31 and took a $40,000 mortgage aspart of the payment. The 10-year mortgage has a 6% nominal interestrate, but it calls for semiannual payments beginning next June 30. 0 answers

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