15. Assume you get a 25-year $130,000 mortgage loan at 6.5% interest. Use your financial calculator...

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15. Assume you get a 25-year $130,000 mortgage loan at 6.5% interest. Use your financial calculator to determine (a) your monthly payment; (b) interest, principal, and remaining balance for the first monthly payment; (c) balance after payment 77; (d) interest for the entire 25-year term; and (e) exact amount of the final payment. 15. Assume you get a 25-year $130,000 mortgage loan at 6.5% interest. Use your financial calculator to determine (a) your monthly payment; (b) interest, principal, and remaining balance for the first monthly payment; (c) balance after payment 77; (d) interest for the entire 25-year term; and (e) exact amount of the final payment.

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A C D E F G H 40 Loan 130000 41 300 2512 42 Int 00054 6... View the full answer