Question: Question 3 2 pts On 10/1/X3, Derek bought a $100,000 home paying for 30% of the price in cash and executing a 30-year, 8% mortgage

 Question 3 2 pts On 10/1/X3, Derek bought a $100,000 home

Question 3 2 pts On 10/1/X3, Derek bought a $100,000 home paying for 30% of the price in cash and executing a 30-year, 8% mortgage payable for the rest. Monthly payments are $514. The balance of the mortgage payable after the third monthly payment would be Question 4 2 pts A bond that requires principal repayment periodically throughout the term of the bond is called

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