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Q1. A fully amortizing CPM loan is originated for $600,000 at 3.6% for 30 years. A. What is the remaining mortgage balance at the end

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Q1. A fully amortizing CPM loan is originated for $600,000 at 3.6% for 30 years. A. What is the remaining mortgage balance at the end of 12 years? (2 points) B. How much interest did the lender collect over the 12 years? (3 points)

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