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The annual debt service constant on a monthly payment, fully amortizing mortgage note is: a. exactly twelve times the amount of the monthly constant. b.

The annual debt service constant on a monthly payment, fully amortizing mortgage note is:

a. exactly twelve times the amount of the monthly constant.

b. slightly less than twelve times the amount of the monthly constant.

c. slightly more than twelve times the amount of the monthly constant.

d. not related to the monthly constant in a systematic manner.

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