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Unformatted text preview: AMORTIZATION PERIOD: 15 YEARS MORTGAGE RATE: 10% CASE #2 AMORTIZATION PERIOD: 20 YEARS MORTGAGE RATE: 6% CALCULATING MONTHLY MORTGAGE PAYMENTS CASE #1 $100,000/$1,000 x 10.63 =$1,063 CASE #2 $100,000/$1,000 x 7.12 = $712...
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- Spring '11
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- mortgage payments, monthly mortgage payment
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