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Please answer A,B and C 11. A mortgage balance of $20,000.00 is renewed for the remaining amortization of 3 years at 8% compounded semi annually.
Please answer A,B and C
11. A mortgage balance of $20,000.00 is renewed for the remaining amortization of 3 years at 8% compounded semi annually. a. Compute the size of the monthly payments. b. Determine the size of the last payment if the payments are rounded up to the next cent. c. Determine the size of the last payment if the payments are Step by Step Solution
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