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what is the total payment and end balance for the first six months? A fully amortizing CAM loan is made for $140,000 at 6 percent

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A fully amortizing CAM loan is made for $140,000 at 6 percent interest for 20 years. Required: a. What will be the payments and balances for the first six months? b. What would payments be for a CPM loan? c. If both loans were repaid at the end of year 5 , would the lender eam a higher rate of interest on elther loan? Complete this question by entering your answers in the tabs below. What will be the payments and balances for the first six months? (Round your intermediate calculations and final answers to the 2 decimal places.)

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