Question: 1A) How much interest will you pay during the 14 th year of a $350,000 house price, 30 year, 6.5% monthly compounded, 80 LTV loan?

1A) How much interest will you pay during the 14th year of a $350,000 house price, 30 year, 6.5% monthly compounded, 80 LTV loan?

1B) How much principal will you pay with the 76th payment of the loan?

1c) What is the balance at the end of year 12?

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