Calculate the principle paid over the first year on a mortgage of $143,500 with an interest rate

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Calculate the principle paid over the first year on a mortgage of $143,500 with an interest rate of 5.5%. Monthly payments are $815. What is the total principle paid for the year? What is the ending balance?

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Mar 05, 2024 07:28 AM

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Calculate the principle paid over the first year on a mortgage of $143,500 with an interest rate

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Income Tax Fundamentals 2013

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