Mortgage Calculations Section Value: 13 Instructions Please determine the amortization for the following two payment...
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Mortgage Calculations Section Value: 13 Instructions Please determine the amortization for the following two payment frequencies using the mortgage amount: $335498.8. Submit Answers Monthly PMT from Section 4 1989.13 (HINT: Solve for N and adjust your mortgage payment from section 4.MAKE SURE YOUR PMT IS NEGATIVE.) Value At End of Loan (FV) Present Value of Loan (PV Mortgage Rate As % (I/Y) 3.75 Question 2: Question 1: Payment Frequency 1 Weekly Formulas for coverting payment frequencies are in Chapter 7 of your textbook Payment Frequency 2 Accel. Bi-Weekly P/Y C// C/Y PA Number of Periods (N) Number of Periods (N) Payment (PMT) Payment (PMT) Amortization in Yeon (2 Decimals) Amortization in Years (2 Decimal)
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