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Make an amortization table for the mortgage

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Reference no: EM133007612

Question - Mortgage - You take out a $250,000 mortgage on 1/1/2021. Assume the mortgage is a 15-year mortgage with an annual rate of 2.8%. Payments will be MONTHLY.

a. Determine the monthly payment?

b. Make an amortization table for the mortgage?

Reference no: EM133007612

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