Question: 1.How are present values affected by changes in interest rates? 2.The interest on your home mortgage is tax deductible. Why are the early years of

1.How are present values affected by changes in interest rates? 2.The interest on your home mortgage is tax deductible. Why are the early years of the mortgage more helpful in reducing taxes than in the later years? 3.What is an amortization schedule, and what are some of its uses? 4.What is the difference between an ordinary annuity and an annuity due

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