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please answer quick A bank makes a 30 year Fully Amortizing, Fixed Rate Mortgage (FRM) for $2,000,000 at an annual interest rate of 4. 125%
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A bank makes a 30 year Fully Amortizing, Fixed Rate Mortgage (FRM) for $2,000,000 at an annual interest rate of 4. 125% compounded monthly, with monthly payments. What is the market value of this loan after 7 years of payments if the annual interest rate for this loan is 10% compounded monthly? O A. $1,726,113.67 O B. $1.045,425.62 C. $ 680,688.05 O D. $1,101,017.63
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