Question: A $ 1 2 0 , 0 0 0 mortgage is amortized over 2 5 years. If interest on the mortgage is 6 . 5

A $120,000 mortgage is amortized over 25 years. If interest on the mortgage is 6.5 percent compounded semi-annually, calculate the size of monthly payments made at the end of month.
A. $803.79
B. $708.79
C. $830.79
D. $780.79
A $120,000 mortgage is amortized over 25 years. If interest on

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