Make an amortization table to show the first two payments for the mortgages in Exercises 1 -
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Annual interest rate 5.75% Monthly payment $547.23 Amount of Years 25 mortgage 2. $100,400 Annual interest rate 4.25% Years 20 Monthlv payment $621.48 1 $87,000
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1 Month 1 interest 87000 00575 12 41688 Principal portion of 1st paym...View the full answer
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Related Book For
Business Math
ISBN: 978-0133011203
10th edition
Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble
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