If a fully amortizing 30-year fixed rate mortgage was originally taken at $200,000, but now has...

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If a fully amortizing 30-year fixed rate mortgage was originally taken at $200,000, but now has a balance of $50,385, with an

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Answer 1

Answer #1

Rate rate per period 0.44% [5.25%/12] $1,104.41 PMT(5.25%/12,360,-200000) Payment per period PMT $50,385.00 pv initial amount

Answer 2

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