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Home Q & A Board Science-Related Homework Help Mathematics
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Kiyaa Kiyaa
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9 months ago
A mortgage loan of $132,000 at 6% compounded semiannually is to be amortized over 25 years by equal monthly payments. How much interest will be included in the first payment?

▸ $652

▸ $660

▸ $792

▸ $487

▸ $515
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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sherbiejr16sherbiejr16
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Anonymous
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#2
9 months ago
Help! The answer is missing an explanation...
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Educator
9 months ago
I added the solution, hope that helps you
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#4
9 months ago
Ty bio_man
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