SOLUTION: Find the monthly mortgage payments on the following mortgage loans using either your calculator or the table in Exhibit 5.5
a. $90,000 at 6.5% for 30 years
b. $125,000 at 5.5%
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Question 825213: Find the monthly mortgage payments on the following mortgage loans using either your calculator or the table in Exhibit 5.5
a. $90,000 at 6.5% for 30 years
b. $125,000 at 5.5% for 20 years
c. $97,500 at 5% for 15 years
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
A) $568.86
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