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Consider a level-payment, fixed-rate mortgage with maturity n=360 months and principal MB=100,000. If the annualized...

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Consider a level-payment, fixed-rate mortgage with maturity n=360 months and principal MB=100,000. If the annualized mortgage rate is 12%, monthly payment is __than 1,000. The mortgage balance after two monthly payment is ___ than 99,900. O A Smaller; larger OB. larger smaller o Smaller: smaller D. larger; larger

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