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TILU ILU) To finance your new house, you have obtained a 20 year, 5620,000 mortgage. The bank has offered you an interest rate of 60%.

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TILU ILU) To finance your new house, you have obtained a 20 year, 5620,000 mortgage. The bank has offered you an interest rate of 60%. You can't decide ona payment frequency. Complete the following table to help you make a decision Number of Payments per Year Mortgage Payment 12 24 26 52 Complete the table below Number of Payments per Year 12 Mortgage Payment 4697.91 24 26 52 (Round to the nearest cent as needed

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