Question: Determine the difference in semi-monthly payments between mortgage rates of 7% and 7.75% on a mortgage of $203,100.00 amortized over 20 years and payable on

Determine the difference in semi-monthly payments between mortgage rates of 7% and 7.75% on a mortgage of $203,100.00 amortized over 20 years and payable on a semi-monthly basis.

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