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please determine the immortalization for the following two payment frequencies using the mortgage amount $431260. (HINT: solve for N and adjust your mortgage payment from
please determine the immortalization for the following two payment frequencies using the mortgage amount $431260.
Formatting Table Delete Format Mortgage Calculations x Section Value: 13 Instructions Please determine the amortization for the following two payment frequencies using the mortgage amount: $431260. Submit Answers (HINT: Solve for N and adjust your mortgage payment from section 4.MAKE SURE YOUR PMT IS NEGATIVE.) Monthly PMT from Section 4 2550 Mortgage Rate As % (V/Y) Present Value of Loan (PV Valve At End of Loan (FV) 3.75 Question 1: Payment Frequency 1 Weekly Formulas for coverting payment frequencies are in Chapter 7 of your textbook Question 2: Payment Frequency 2 Accel. Bi-Weekly P/Y c/r P/Y /Y Number of Periods (N) Number of Periods (N) Payment (PMT) Payment (PMT) Amortization in Yeon (2 Decimal) Amortization in Years (2 Decimal) (HINT: solve for N and adjust your mortgage payment from section 4. MAKE SURE YOUR PMT IS NEGATIVE.)
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