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Sam and Mary purchased a two-bedroom town house for $599 000 with a 10% down payment. The mortgage is at 3.49% per year, amortized over

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Sam and Mary purchased a two-bedroom town house for $599 000 with a 10% down payment. The mortgage is at 3.49% per year, amortized over 25 years. (Note: Mortgage is compounded semi-annually by law.) a) Find Sam and Mary's down payment and mortgage amount. Il poh! b) Determine their monthly payment using TVM Advanced Calculator Show all the entries in your work. 2) TVM Advanced Calculator Mode Beginning Present Value PY PMT Payments Future Value FY R Annual Rate 19 Periods Peres Compounding c) Assume they decided to make a bi-weekly payment of 1500 instead of monthly. How many years would it take for them to pay the mortgage in full using the TVM Advanced Calculator. 13 pateru TVM Advanced Calculator Mode End Beginning Present Value Payments PV PNT Future Value FV Annual Rete Rale Periods . Period Compounding Sam and Mary purchased a two-bedroom town house for $599 000 with a 10% down payment. The mortgage is at 3.49% per year, amortized over 25 years. (Note: Mortgage is compounded semi-annually by law.) a) Find Sam and Mary's down payment and mortgage amount. Il poh! b) Determine their monthly payment using TVM Advanced Calculator Show all the entries in your work. 2) TVM Advanced Calculator Mode Beginning Present Value PY PMT Payments Future Value FY R Annual Rate 19 Periods Peres Compounding c) Assume they decided to make a bi-weekly payment of 1500 instead of monthly. How many years would it take for them to pay the mortgage in full using the TVM Advanced Calculator. 13 pateru TVM Advanced Calculator Mode End Beginning Present Value Payments PV PNT Future Value FV Annual Rete Rale Periods . Period Compounding

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