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Run two amortization schedules: 1.) $150,000 for 15 years at 5% AND 2.) $150,000 for 30 years at 5% For each: determine the monthly payment

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Run two amortization schedules: 1.) $150,000 for 15 years at 5% AND 2.) $150,000 for 30 years at 5% For each: determine the monthly payment AND determine the amount of interest paid on the entire loan AND determine how much was saved in interest by cutting the loan period from 30 to 15 years (Do NOT attach your amortization schedules. Only provide answers to the five questions - payment for \#1, interest for \#1, payment for #2, interest for \#2, savings)

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