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    Real Estate Finance
  4. Exam
    Exam 4: The Early History of Residential Finance and Creation of the Fixed Rate Mortgage
  5. Question
    Suppose You Take an FRM of $150,000 at 7
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Suppose You Take an FRM of $150,000 at 7

Question 4

Question 4

Multiple Choice

Suppose you take an FRM of $150,000 at 7.5% for 30 years.How much of the payment is interest in month 72?


A) $173.26
B) $937.50
C) $875.56
D) $65,432
E) none of the above

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