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Question 6: (1 Point) A closed mortgage contract may allow you to prepay 10% or 20% each year. This prepayment goes directly to pay off

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Question 6: (1 Point) A closed mortgage contract may allow you to prepay 10% or 20% each year. This prepayment goes directly to pay off the which reduces your overall amortization by years. home equity loan second mortgage principal and interest principal interest

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