Question: A 1 5 - years 2 0 0 , 0 0 0 mortgage has a fixed mortgage rate of 1 4 . 8 percent. Estimate

A 15-years 200,000 mortgage has a fixed mortgage rate of 14.8
percent. Estimate the interest portion of the payment in the second
month. For example, if you find that the interest portion in the
second month is $358.56, type "358.56" in the box.

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