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Question 8 (1.5 points) 1) A 21-year mortgage is amortized by making payments of $3052.61 at the end of every three months. If interest is
Question 8 (1.5 points) 1) A 21-year mortgage is amortized by making payments of $3052.61 at the end of every three months. If interest is 8.45% compounded annually, what was the original mortgage balance? $125 178.36 $121 178.36 $121 178.99 $122 178.36 Question 8 (1.5 points) 1) A 21-year mortgage is amortized by making payments of $3052.61 at the end of every three months. If interest is 8.45% compounded annually, what was the original mortgage balance? $125 178.36 $121 178.36 $121 178.99 $122 178.36
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