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Question 1 Given an 8%, 30 year constant payment mortgage (CPM) in the amount of $100,000, if you only make the scheduled payment, how many

Question 1 Given an 8%, 30 year constant payment mortgage (CPM) in the amount of $100,000, if you only make the scheduled payment, how many payments will it take to reduce the loan balance to just under $75,000? O 167 188 196 204

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