Question: Based on Exhibit 7 - 8 , what would be the monthly mortgage payments for each of the following situations? ( Round mortgage payment factors

Based on Exhibit 7-8, what would be the monthly mortgage payments for each of the following situations? (Round mortgage payment
factors and final answers to 2 decimal places. Omit the "$" sign in your response.)
a) A $123,000,15-year loan at 6.0 percent APR compounded semi-annually
b) A $165,000,25-year loan at 7.5 percent APR compounded semi-annually
c) A $68,000,20-year loan at 7.5 percent APR compounded semi-annually

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