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Question: 1. Heike Drechsler is financing $84,700 for a home in the mountains. The 17-year fixed-rate loan has an interest rate of 6%. Create an amortization schedule for the first two months of the loan.

2. Conchita Martinez has made a $210,300 loan for a home near Albany, New York. Her 20-year fixed-rate loan has an interest rate of 5.50%. Create an amortization schedule for the first two payments.

Reference no: EM131627999

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