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Buyer Huges is concerned about the size of payments on a mortage of $138,600. What will his weekly payments be if the mortage is at 7.25% and amortized over 15,20, and 25 years respectively?

a. $289.39, $250.15, $228.46

b. $1,256.87, $1,086.48, $992.26

c. $1,256.87, $1,086.48, $978.45

d. $289.39, $250, $234.72

Financial Management, Finance

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