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Use your financial calculator to determine the monthly payments for each of the following $100,000 mortgage loans. Assume no prepayments. a. 30-year fixed at 5
Use your financial calculator to determine the monthly payments for each of the following
$100,000 mortgage loans. Assume no prepayments.
a. 30-year fixed at 5 percent
b. 15-year fixed at 4 percent
c. 20-year fixed at 4.5 percent
Need help solving this.
What are the monthly payments?
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