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A mortgage can take up to 25 years to pay off. Taking a $250,000 home, calculate the month-end payment for 15-, 20-, and 25-year

A mortgage can take up to 25 years to pay off. Taking a $250,000 home, calculate the month-end payment for 15-, 20-, and 25-year periods using semi-annually compounded interest rates of +%, 5.5%, and 7% for cach period. What do you observe from your calculations? solve it with TA BI 2 plus calculator only .

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