Question 2 1 pts What is the monthly payment on a $110,000 mortgage? Assume a...
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Question 2 1 pts What is the monthly payment on a $110,000 mortgage? Assume a standard 30-year, 5.4% mortgage with monthly payments. O $611.01 O $606.35 O $560.25 O $617.68 O $672.61 Question 6 1 pts What is the future value of an annuity due that pays $800 per year for 15 years? Use an annual interest rate of 9.50%. O $26,753 O $26,238 O $27,501 $24,988 $24,432 Question 7 1 pts Consider a $100,000, 30-year, 6.6% mortgage with monthly payments. What portion of the payments during the first 33 months goes toward principal? O 16,65% O 15.59% 15.17% 14.74% 15.64%
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