Question: what is BA II plus? 5. How much interest will you pay in the 12th year of a $100,000, 5.5%, 25 year mortgage, assuming monthly

what is BA II plus? 5. How much interest will you

what is BA II plus?

5. How much interest will you pay in the 12th year of a $100,000, 5.5%, 25 year mortgage, assuming monthly compounding? (Hint: 144-AMORT, you need to think about what should be entered for INPUT) Hint: INPUT = AMORT - # of specified periods + 1 a. 3,863.584 b. 3,956.624 c. 4,050.762 d. 4,120.713 e. 4,255.665

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