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Question 1 A borrower obtains a fully amortizing constant payment mortgage loan for $75,000 at 24 percent for 3 years. Payments are monthly. What will

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Question 1 A borrower obtains a fully amortizing constant payment mortgage loan for $75,000 at 24 percent for 3 years. Payments are monthly. What will be the amount of remaining balance at the end of the second month? (Answer is rounded) Your answer: 070020 O 69411 71500 072086 68750 Clear

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