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Question: A mortgage loan in the amount of $50,000 is made at 12 percent interest for 20 years. Payments are to be monthly. What are the monthly payments if it is a negative amortizing loan and the loan balance will be $75,000 at the end of year 20? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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