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Wing Sze takes out a $500,000.00 mortgage with a term of 3 years and an amortization period of 20 years. The interest rate on the
Wing Sze takes out a $500,000.00 mortgage with a term of 3 years and an amortization period of 20 years. The interest rate on the mortgage is 3.250% compounded monthly and she will make weekly payments. How much does she still owe when the term is over? a. $364,118.58. b. $457,368.46. C. $448,487.52. d. $444,047.05. O e. $461,808.93
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