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Question 9 of 13 A $160,000 mortgage was amortized over 15 years by monthly repayments. The interest rate on the mortgage was fixed at 5.50%

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Question 9 of 13 A $160,000 mortgage was amortized over 15 years by monthly repayments. The interest rate on the mortgage was fixed at 5.50% compounded semi- annually for the entire period. a. Calculate the size of the payments rounded up to the next $100. $0.00 Round up to the next 100 b. Using the payment from part a. calculate the size of the final payment. Round to the nearest cent Next

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