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please show work. first five years 1) william Chases william chooses to finance his 30 mortgage of 250,000 with interest only payments for the first

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first five years 1) william Chases william chooses to finance his 30 mortgage of 250,000 with interest only payments for the first s and then conventional pa mortyase Payments for the remaining 25 yous 'If his APR is 7.0% payable monthly a) what is his monthly payment for the b) what is his monthly payment for the next 25 yeurs 2) Jeanette Chouses a 5 yeur Arm for her 30 year mortsase of $350,000 Where the APR for the first 5 years is 3% and 6% there after a) what is her monthly payment for the first 5 b) what is her monthly payment starting with the 6th your? 2 years

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