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GoodMad_ GoodMad_
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Posts: 3898
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7 years ago
On a fixed rate mortgage,
A) the contract rate and the monthly mortgage payment remain constant over the term of the loan.
B)  the contract rate and the monthly interest payment remain constant over the term of the loan.
C) the contract rate and the monthly repayment of principal remain constant over the term of the loan.
D) the contract rate, the monthly mortgage payment, the monthly interest payment, and the repayment of principal remain constant over the term of the loan.
Textbook 
Personal Finance: An Integrated Planning Approach

Personal Finance: An Integrated Planning Approach


Edition: 8th
Author:
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imoyseimoyse
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7 years ago
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GoodMad_ Author
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7 years ago
Such a smart group of people this forum has

thx
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