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The mortgage constant for a fixed rate loan with a 20 year amortization and a contract rate of 6.5% is always __________6.5% A. Less than
The mortgage constant for a fixed rate loan with a 20 year amortization and a contract rate of 6.5% is always __________6.5%
A. Less than
B. Greater than
C. Equal to
D None of the above
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Finance Applications and Theory
Authors: Marcia Cornett
4th edition
1259691411, 978-1259691416
