Question: 2 0 - year, $ 2 0 0 , 0 0 0 mortgage has a rate of 4 . 9 0 percent. What are the
year, $ mortgage has a rate of percent.
What are the interest and principal portions in the first payment?
Note: Do not round intermediate calculations. Round your answers to decimal places.
tableInterestPrincipal
b What are the interest and principal portions in the second payment?
Note: Do not round intermediate calculations. Round your answers to decimal places.
tableInterestPrincipal
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