Make an amortization table to show the first two payments for the mortgages in Exercises 1 -
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mount of mortgage S406,515 Annual interest rate 5% Years 35 Monthly payment $2.052.90 Amount of mortgage 2. $71,187.50 Annual interest rate 6% Monthly payment $486.21 Years
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1 Month 1 interest 406515 005 12 169381 Principal portion of 1st paym...View the full answer
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Business Math
ISBN: 978-0133011203
10th edition
Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble
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