Question: Mortgage Calculations Section Value: 13 - Instructions Please determine the amortization for the following two payment frequencies using the mortgage amount: $383427. Submit Answers Monthly

Mortgage Calculations Section Value: 13 - Instructions Please determine the amortization

Mortgage Calculations Section Value: 13 - Instructions Please determine the amortization for the following two payment frequencies using the mortgage amount: $383427. Submit Answers Monthly PMT from Section 4 (HINT: Solve for N and adjust your mortgage payment from section 4.MAKE SURE YOUR PMT IS NEGATIVE.) 2267.5182 Value At End of Loan (FV) Mortgage Rate As % (1/Y) Present Value of Loan (PV- 0 3.75 383427 Question 1: Question 2: Payment Frequency 1 Weekly Formulas for coverting payment frequencies are in Chapter 7 of your textbook. Payment Frequency 2 Accel. Bi-Weekly P/Y C/Y P/Y C/Y 52 52 26 26 Number of Periods (N) Number of Periods (N) Payment (PMT) Payment (PMT) Amortization in Years (2 Decimals) Amortization in Years (2 Decimals)

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