What are some of the characteristics of an organized


1. What is the balance in five years of a mortgage with monthly payments, an initial loan amount of $125,000, a loan term of 25 years, and a interest rate of 9.75% per year

2. What are some of the characteristics of an organized securities exchange?

3. Briefly describe the process of competitive bidding and discuss its relative advantages and disadvantages.

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Financial Management: What are some of the characteristics of an organized
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