Test #3 Time Limit: 1:10:00 Time Left:1:02:06 Austyn Whitehead: Attempt 1 Previous Page Next Page Page...
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Test #3 Time Limit: 1:10:00 Time Left:1:02:06 Austyn Whitehead: Attempt 1 Previous Page Next Page Page 2 of 6 Question 2 (6 points) Listen A $170,000 mortgage at 1.75% compounded semi-annually with a 25 year amortization requires monthly payments. How much will the amortization period be shortened by if a prepayment of $14,000 is made at the end of the sixth year? BIUA Format 19px.. v Ea S Lato (Reco... PMT Setting N I/Y P/Y C/Y PV PMT FV 11. Previous Page Next Page Page 2 of 6 Listen Test #3 Time Limit: 1:10:00 Time Left:1:02:06 Austyn Whitehead: Attempt 1 Previous Page Next Page Page 2 of 6 Question 2 (6 points) Listen A $170,000 mortgage at 1.75% compounded semi-annually with a 25 year amortization requires monthly payments. How much will the amortization period be shortened by if a prepayment of $14,000 is made at the end of the sixth year? BIUA Format 19px.. v Ea S Lato (Reco... PMT Setting N I/Y P/Y C/Y PV PMT FV 11. Previous Page Next Page Page 2 of 6 Listen
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