Question: A fully amortizing constant payment mortgage is made for $320,000 at 5% over 30 years. What are the payments on the loan? What is the

A fully amortizing constant payment mortgage is made for $320,000 at 5% over 30years. What are the payments on the loan? What is the outstanding balance after20 years? How much will you have paid in total interest and principal over those 20years?

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