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    What Will Be the Monthly Payment on a Home Mortgage
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What Will Be the Monthly Payment on a Home Mortgage

Question 66

Question 66

Multiple Choice

What will be the monthly payment on a home mortgage of $75,000 at 12 percent interest, to be amortized over 30 years?


A) $771.46
B) $775.90
C) $1,028.61
D) $1,034.53 75,000 = PMT

Correct Answer:

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