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Please show all work through excel spreadsheet. A borrower can obtain an 75 percent Ioan with an 8 percent interest rate and monthly payments. The

Please show all work through excel spreadsheet. A borrower can obtain an 75 percent Ioan with an 8 percent interest rate and monthly payments. The loan is to be fully amortized over 25 years. Alternatively, he could obtain a 80 percent loan at an \ 2 answers

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