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Use the Real Estate Amortization Table to Find the Monthly

Question 64

Multiple Choice

Use the real estate amortization table to find the monthly payment for the loan. Use the real estate amortization table to find the monthly payment for the loan. -What is the monthly payment on a 15-year loan of $101,300 if the annual interest rate is 5%? A) $774.95 B) $668.58 C) $1,074.79 D) $801.28
-What is the monthly payment on a 15-year loan of $101,300 if the annual interest rate is 5%?


A) $774.95
B) $668.58
C) $1,074.79
D) $801.28

Correct Answer:

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