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Math of Finance A $300,000 mortgage at 4% compounded semi-annually is settled with monthly payments of $1578.09 and bi-weekly payments of $789.05 How much interest
Math of Finance
A $300,000 mortgage at 4% compounded semi-annually is settled with monthly payments of $1578.09 and bi-weekly payments of $789.05
How much interest will be saved if accelerated bi-weekly payments are made instead of monthly payments?
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