You and your partner just bought a new house and qualified for a 20-year, $670,000...
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You and your partner just bought a new house and qualified for a 20-year, $670,000 mortgage. The bank has offered you an interest rate of 7.2%. You can't decide on a payment frequency. Complete the following table to help you make a decision. Mortgage Payment Number of Payments per Year 12 24 26 52 Complete the table below. Number of Payments per Year 12 Mortgage Payment 24 26 S $ 52 (Round to the nearest cent as needed.)
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