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You obtain a mortgage of $100,000 with a nominal interest rateof 12%. You must pay your mortgage back in 30 years with quarterlypayments.a. What is

You obtain a mortgage of $100,000 with a nominal interest rateof 12%. You must pay your mortgage back in 30 years with quarterlypayments.a. What is the payment amount?b. Calculate Interest Expense 2 answers

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