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Some lenders offer loans with biweekly payments rather than monthly payments. Investigate the effect of this on home loans by finding the payment and total
Some lenders offer loans with biweekly payments rather than monthly payments. Investigate the effect of this on home loans by finding the payment and total interest on a thirty-year simple interest amortized loan of $100,000 at 13% interest. (Round your answers to the nearest cent.) (a) if payments are made monthly payment $ total interest (b) if payments are made biweekly payment $ total interest
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