Please determine the amortization for the following two payment frequencies using the mortgage amount: $383332. (HINT: Solve

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Please determine the amortization for the following two payment frequencies using the mortgage amount: $383332. (HINT: Solve for N and adjust your mortgage payment from section 4.MAKE SURE YOUR PMT IS NEGATIVE.)

Mortgage Rate As % (1/Y) 3.75

Value At End of Loan (FV) Present Value of Loan (PV)

Question 1: Payment Frequency 1 Weekly P/Y C/Y 52 2 Number of Periods (N) Payment (PMT) Amortization in Years (2 Decimals)

Question 2: Payment Frequency 2 Accel. Bi-Weekly P/Y C/Y 26 | 2 Number of Periods (N) Payment (PMT) Amortization in Years (2 Decimals)-

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Jun 11, 2024 05:14 AM

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Please determine the amortization for the following two payment frequencies using the mortgage amount: $383332. (HINT: Solve

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Income Tax Fundamentals 2013

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