Suppose you take mortgage amortized over 25 years for $50,200 at 8.55 compounded semi annually A. Find

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Suppose you take mortgage amortized over 25 years for $50,200 at 8.55 compounded semi annually

A. Find the size of the monthly payment. Round payment to nearest penny.

B. How much time and money would you save if you make 26 bi weekly payments (equal to the half of the monthly payment each year? assume that the interest rate never changes during the entire time.

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Human Biology

ISBN: 978-0073525488

13th edition

Authors: Sylvia S. Marder, Michael Windelspecht

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Posted Date: Nov 25, 2019 05:30 AM

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Suppose you take mortgage amortized over 25 years for $50,200 at 8.55 compounded semi annually A. Find

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Human Biology

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