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PLEASE ROUND ALL ANSWERS TO TWO DECIMAL POINTS Question 28 1 pts 28. What would the monthly payment be on a $300,000 30-year mortgage at

PLEASE ROUND ALL ANSWERS TO TWO DECIMAL POINTS

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Question 28 1 pts 28. What would the monthly payment be on a $300,000 30-year mortgage at afixed contract rate of 7%? Question 29 1 pts 29. If you have been making payments on your 30-year mortgage at a fixed contract rate of 8% for ten years, what percentage of the original mortgage balance have you paid off? (Put in percentage form x100: .5 as 50%)

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